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Ghana’s inflation falls to 8% in October, lowest in four years

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By: Ashiadey Dotse

Government Statistician, Dr. Alhassan Iddrisu, says smoked herrings, green plantain, cinema services, cooked rice, and charcoal contributed a combined 26% to Ghana’s inflation for October 2025. He made this known in Accra during a media briefing on the October Consumer Price Index and inflation figures.

According to Dr. Iddrisu, inflation dropped to 8% in October 2025 from 9.4% recorded in September. This, he explained, is the tenth consecutive month of decline and the lowest inflation the country has seen in four years.

Dr. Iddrisu said the new rate means prices in October 2025 were 8% higher than they were in October 2024. He added that month-on-month inflation also declined by 0.4%, showing that, on average, goods cost slightly less in October compared to September.

He also revealed 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%.

He noted that inflation 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 said the continued slowdown signals that the country is making progress in stabilising prices and called on the government, businesses, and households to continue taking steps to sustain the gains.

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