Finance Minister Dr Cassiel Ato Forson has introduced that Ghana’s inflation price has fallen greatly, achieving a exceptional 8% in October 2025, down from 23.8% in December 2024.

The Minister made the announcement whilst presenting the 2026 Budget Statement and Economic Policy to Parliament on Thursday, November 13.

Dr Forson described the relief in inflation as a vital business environment, noting that Ghana’s inflation price has returned to unmarried digits, a milestone that had gave the impression far-fetched only a 12 months in the past.

He emphasized that this growth used to be no longer the results of mere happenstance, however slightly the end result of “disciplined fiscal coverage, stable financial industry, strong trade price, and robust home manufacturing.”

“This has restored confidence in the economy, stabilised the cedi, and eased the pressure on families and businesses,” the Finance Minister mentioned.

“We have labored tirelessly to create the appropriate financial atmosphere to verify balance and market.”

Dr Forson additionally identified that meals inflation, which had reached a staggering 27.8% previous in 2024, had dropped to 9.5% by means of October 2025.

The Minister highlighted that the price of very important meals pieces comparable to tomatoes, lawn eggs, okra, and fish has now begun to fall, offering reduction to families around the nation.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by means of Readers and Contributors in this platform don’t essentially constitute the perspectives or coverage of Multimedia Group Limited.