Ghana ended 2025 with further easing in price pressures as inflation fell to 5.4 percent in December, driven largely by a significant slowdown in food prices.
Data released by the Ghana Statistical Service showed that the December figure represents a decline from 6.3 percent recorded in November, marking the 12th consecutive month of disinflation.
On a month-on-month basis, inflation stood at 0.9 percent, pointing to relatively moderate price movements as the year closed.
Food Inflation Leads the Decline
The reduction in headline inflation was primarily influenced by easing food prices. Food inflation dropped sharply to 4.9 percent in December, compared with 6.6 percent in November, reflecting slower price increases for key food items.
Analysts note that the moderation in food prices had a strong impact on overall inflation, given the weight of food in household expenditure, and offered some relief to consumers after prolonged periods of elevated costs.
Read Also: Coalition of Unpaid Teachers Warns of New Demonstrations
Improving Price Stability Outlook
The sustained decline in inflation throughout 2025 signals improving price stability as the country enters 2026. While inflation remains sensitive to supply conditions and external factors, the consistent downward trend suggests easing cost-of-living pressures and a more stable consumer price environment.
The December figures cap a year of steady disinflation, reinforcing cautious optimism for households and businesses in the months ahead.
