Ghana’s inflation rate closed 2025 at 5.4%, continuing its downward trend for a 12th consecutive month, down from 6.3% recorded in November 2025.

Data from the Ghana Statistical Service (GSS) for December 2025 showed that inflation on a month-on-month basis stood at 0.9%, indicating relatively subdued price increases toward the end of the year.

The sustained disinflation was driven largely by a slowdown in food prices.

Food inflation eased to 4.9% in December 2025, compared with 6.6% in November 2025, reflecting slower price increases for key food items.

The decline in food inflation contributed significantly to the overall reduction in the inflation rate, offering some relief to households after periods of elevated price pressures.

The continued moderation in inflation suggests improving price stability conditions as the country enters 2026, following a year of consistent declines in consumer price increases.