Ghana has ended 2025 on a positive economic note, with its annual inflation rate falling to 5.4% in December, the lowest level in over four years.
The Ghana Statistical Service announced on Wednesday that this marks the 12th consecutive month that inflation has slowed, bringing welcome relief to consumers across the country.
The December figure is a significant improvement from the 6.3% recorded in November 2025 and a dramatic drop from the 23.8% inflation rate seen in December 2024.
According to Government Statistician Dr. Alhassan Iddrisu, this sustained downward trend was primarily driven by a sharp slowdown in food price increases, with food inflation falling to 4.9% for the year.
The continued easing of price pressures signals a major step toward macroeconomic stability as the nation recovers from its recent economic crisis, with the current inflation rate now falling comfortably within the Bank of Ghana’s target band of 6% to 10%.
