Ghana’s Inflation Rate Drops to 6.3% in November, Marking 11th Consecutive Month of Decline

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Ghana’s inflation rate has continued its downward trend, falling to 6.3% in November 2025 from 8.0% in October, according to the latest Consumer Price Index (CPI) report released by the Ghana Statistical Service (GSS). This marks the 11th consecutive month of declining inflation, with the rate now at its lowest level since February 2019.

The decline was driven by reductions in both food and non-food inflation, with food inflation easing to 6.6% in November from 9.5% in October, and non-food inflation dropping to 6.1% from 6.9%.

Regionally, the North East Region recorded the highest inflation rate at 12.3%, while the Savannah Region posted the lowest at -0.02%.

The Government Statistician, Dr. Alhassan Iddrisu, attributed the sustained decline in inflation to improved domestic supply conditions, reduced fuel-related cost pressures, and stable exchange rate dynamics.

Inflation for locally produced items decreased from 8.0% in October to 6.8% in November 2025. Inflation for goods also slowed, declining to 7.3% from 9.3%.

Businesses have been encouraged to take advantage of the lower inflation environment by investing in efficiency, strengthening local supply chains, reducing waste, and passing cost savings on to consumers where possible.

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