The Minister of Finance, Dr Cassiel Ato Forson, has stated that Ghana is beginning to record “real, measurable progress” in its fight against inflation, following another month of broad-based price declines across the economy.
Inflation dropped to 6.3% in November 2025 — the lowest since the 2021 rebasing and the eleventh consecutive month of decline — signalling what Dr Forson describes as clear evidence that the government’s economic stabilisation measures are taking hold.
In a Facebook post on Thursday, December 4, he said the latest figures show that key reforms are delivering consistent results, with food prices experiencing the most notable improvement. Food inflation fell sharply from 9.5% in October to 6.6% in November.
“It is not just food,” he added, highlighting easing pressures across several categories. Local inflation slowed from 8.0 to 6.8%, while imported inflation declined even faster, from 7.8 to 5.0% — a development he attributed to more stable exchange-rate conditions and reduced external cost pressures.
The sustained decline in inflation, he said, strengthens expectations of a more predictable price environment in 2026, offering relief to businesses and households after years of economic volatility.
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