The items were mainly classified under the Food and Non-Alcoholic Beverages category of the Consumer Price Index (CPI), which remains the largest component of Ghana’s inflation basket. 

The list also included staples and condiments such as smoked herring, green plantain, cassava products like kokonte and dough, yams, onions, ginger, tomato paste, vegetable oil, cooked rice, bread, and beef.

Other items on the list were charcoal, electricity, and re-sold tap water, which fall under Housing, Water, Electricity, Gas and Other Fuels. 

Accommodation in hotels was captured under the Hotels, Cafés and Restaurants category, while public and private secondary school fees were recorded under Education.

Releasing the CPI data on Wednesday, November 5, 2025, the GSS reported that inflation had dropped to 8 percent, the lowest rate since June 2021.

The figure represents a 1.4 percentage point drop from the 9.4 percent recorded in September and marks the tenth consecutive month of decline.

Government Statistician, Dr Iddrisu Alhassan, described the drop as an important development for Ghana’s economy.
 

“For the first time since June 2021, Ghana has achieved single-digit inflation. This means the rate at which prices of goods and services are rising has slowed significantly,” Dr Alhassan said at a press briefing in Accra.

He attributed the continued decline to ongoing fiscal and monetary measures aimed at stabilising the economy, adding that notable improvements have been seen in food, transport, and housing costs — areas that directly affect household living conditions.

Dr Alhassan added that food remains the largest driver of inflation, reflecting its central place in household spending across the country.

According to the GSS, inflation peaked at 23.8 percent in December 2024 before beginning a steady decline throughout 2025.