Kofi Ahovi

  Ghana’s slide toward price stability — with year-on-year inflation down to 9.4% in September 2025 — was matched by a targeted set of recommendations from the Ghana Statistical Service (GSS) aimed at cementing those gains. Financial advisory services In a presentation to stakeholders, Government Statistician Dr. Alhassan Iddrisu set out distinct actions for households, businesses, and government to preserve disinflation and support a durable economic recovery. For households, the message is simple and pragmatic: “take advantage of the falling inflation to plan ahead” — in other words, budget smarter, avoid unnecessary spending, and try to save even small amounts to build buffers against future shocks. That guidance is designed to protect real incomes now that headline inflation has eased and to reduce household vulnerability if prices spike again. Investment opportunities To the private sector, the GSS urged firms to use the disinflation window to improve competitiveness. The pres...

 Ghana’s consumer price inflation has dropped into single digits for the first time in four years, extending a nine-month streak of declines. The year-on-year rate eased to 9.4% in September 2025, down from 11.5% in August. According to the Ghana Statistical Service, the slowdown was largely driven by an ease in food prices, with food inflation falling to 11% in September from 14.8% the previous month. Non-food inflation also edged down, easing to 8.2% from 8.7% in August. The sustained decline means inflation has already beaten government’s full-year target, offering relief to households and businesses that have endured prolonged price pressures. This trend strengthens prospects for monetary policy stability, exchange rate resilience, and improved consumer confidence heading into the final quarter of the year. The last time Ghana enjoyed single-digit inflation was in August 2021.