Wednesday, 03 December

Inflation declines to 6.3% for Nov, 11 months in a row

Business
Inflation

Ghana’s inflation has declined for the eleventh month in a row, reaching 6.3% in November 2025, down from the 8.0% recorded in October. This is according to the latest Consumer Price Index (CPI) update released by the Ghana Statistical Service (GSS).

Presenting the figures in Accra, Government Statistician Dr. Alhassan Iddrisu noted that the continuous slowdown was mainly influenced by reductions in both food and non-food price pressures. Month-on-month inflation stood at 0.9%.

Food inflation saw a significant fall, easing to 6.6% from the previous 9.5%. Non-food inflation similarly reduced to 6.1%, compared to 6.9% in October. Inflation in the services sector also moderated, dropping to 3.8% from 4.6%.

Across the regions, North East recorded the highest inflation rate at 12.3%, while the Savannah Region posted the lowest, dipping slightly into negative territory at -0.02%.

Inflation for locally produced items dropped to 6.8% from 8.0% in October, while inflation for goods generally fell to 7.3% from 9.3%.

Businesses have been encouraged to utilise the relatively stable price environment to boost productivity, improve supply chain efficiency, minimise waste, and, where feasible, pass reductions in operational costs on to consumers.

Source: Classfmonline.com/Zita Okwang