Ghana’s Inflation Drops to 8% in October 2025: A Sign of Economic Stability

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Ghana’s inflation rate has dropped to 8% in October 2025, marking the tenth consecutive month of decline and the lowest level since June 2021. According to Government Statistician, Dr. Alhassan Iddrisu, the decrease is attributed to a combination of factors, including lower food, transport, and housing costs.

Dr. Iddrisu revealed that specific items such as smoked herrings, green plantain, cinema services, cooked rice, and charcoal contributed a combined 26% to Ghana’s inflation for October 2025. He noted that food inflation fell to 9.5% in October from 11% in September, while non-food inflation also decreased to 6.9% from 8.2%.

The inflation rate for locally produced items reduced from 10.1% in September to 8% in October, but inflation for imported items increased slightly from 7.4% to 7.8%. On regional performance, the North East Region recorded the highest inflation rate of 17.3%, while Bono East had the lowest at 1.1%.

Dr. Iddrisu emphasized that the continued slowdown signals progress in stabilizing prices and called on the government, businesses, and households to sustain the gains. The decline in inflation is seen as a positive sign for investor confidence and consumer purchasing power.

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