Ghana’s inflation rate continued its downward trajectory in October 2025, falling to 8.0 per cent – the lowest level recorded since June 2021.
The latest data released by the Ghana Statistical Service (GSS) shows a further moderation from the 9.4 per cent rate in September 2025, marking the tenth consecutive month of decline in headline inflation.
The consistent fall in inflation has been attributed to a combination of factors, including a stable cedi, reduced fuel prices, and improved food supply conditions across the country.
According to the GSS, food inflation dropped sharply to 9.5 per cent in October from 11.0 per cent the previous month. Non-food inflation also declined to 6.9 per cent from 8.2 per cent in September.
Inflation for locally produced items eased to 8.0 per cent from 10.1 per cent, indicating greater price stability in domestic goods. In contrast, inflation for imported items inched up slightly to 7.8 per cent, compared to 7.0 per cent in September, due to global logistics pressures and exchange rate adjustments.
Bono East recorded the lowest inflation rate at 1.1 percent, while the North East Region registered the highest at 17.3 percent, a drop from the 20.1 percent recorded in September..
The Ghana Statistical Service noted that the sustained decline in inflation reflects the combined effect of government policy measures and improving macroeconomic conditions.
