The Ghana Statistical Service (GSS) has announced that the country’s inflation rate fell to 5.4 per cent year-on-year in December 2025, down from 6.3 per cent in November, marking the 12th consecutive month of disinflation.
The Government Statistician, Dr Alhassan Iddrisu, said at the presentation of the December inflation figures in Accra that the Consumer Price Index stood at 261.7 in December 2025, compared with 240.8 in the same period a year earlier, underscoring a sustained easing of price pressures across the economy.
“This means that, on average, goods and services cost 5.4 per cent more than they did in December 2024,” Dr Iddrisu said.
“This result is significant because inflation has now declined for 12 consecutive months. It fell from 6.3 per cent in November 2025 and from 23.8 per cent in December 2024, representing a reduction of 18.4 percentage points within a year.”
According to him, the continued decline of the inflation rate is evidence of improving macroeconomic conditions and a firm shift towards price stability after a prolonged period of elevated inflation.
On a month-on-month basis, inflation stood at 0.9 per cent in December 2025, reflecting a modest increase in prices between November and December.
Local media reports quoted Dr Iddrisu as saying that the data showed that the short-term price movements were now taking place within a stable and downward long-term trend.
He noted that the breakdown of the data showed that inflation eased across food, non-food, goods and services, as well as both locally produced and imported items, compared with November 2025 and December 2024.
GIK/APA