{"id":14127,"date":"2026-01-09T22:39:17","date_gmt":"2026-01-09T22:39:17","guid":{"rendered":"https:\/\/www.europesays.com\/africa\/14127\/"},"modified":"2026-01-09T22:39:17","modified_gmt":"2026-01-09T22:39:17","slug":"ghanas-inflation-slows-for-12th-straight-month-in-december-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/africa\/14127\/","title":{"rendered":"Ghana&#8217;s inflation slows for 12th straight month in December"},"content":{"rendered":"<p>ACCRA, Jan 7 (Reuters) &#8211; Ghana&#8217;s consumer inflation <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/quote\/GHCPIY=ECI\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(GHCPIY=ECI), opens new tab<\/a> slowed for the 12th consecutive month, falling to 5.4% year on year in December from 6.3% in November, the statistics service said on Wednesday.<\/p>\n<p>Government statistician Alhassan Iddrisu told a press conference that while inflation pressures were coming down across most major components, the drop was mostly driven by a slowdown in food and non-alcoholic beverages prices.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/world\/africa\/ghana-consumer-inflation-slows-54-year-year-december-2026-01-07\/undefined?location=article-paragraph&amp;redirectUrl=%2Fworld%2Fafrica%2Fghana-consumer-inflation-slows-54-year-year-december-2026-01-07%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>&#8220;This steady decline signals a sustained shift toward price stability and improving macroeconomic conditions,&#8221; Iddrisu said, adding that last month inflation reached its lowest level since a rebasing exercise in 2021.<\/p>\n<p>The Bank of Ghana targets inflation of 8%, with a tolerance band of 2 percentage points either side.<\/p>\n<p>Inflation was at 23.8% in December last year.<\/p>\n<p>The West African gold-, oil- and cocoa-producing nation is emerging from its most severe economic crisis in decades.<\/p>\n<p>Ghana&#8217;s economy expanded by 5.5% year on year in the third quarter of 2025, driven by an improvement in the agriculture and services sectors, the statistics agency said <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/world\/africa\/ghanas-economy-grew-55-third-quarter-statistics-agency-says-2025-12-10\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">in December<\/a>.<\/p>\n<p>The International Monetary Fund last month completed the fifth review of the country&#8217;s loan programme, allowing for an immediate disbursement of around $385 million.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Emmanuel Bruce and Christian Akorlie; Writing by Anait Miridzhanian; Editing by Andrew Heavens and Jan Harvey<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"ACCRA, Jan 7 (Reuters) &#8211; Ghana&#8217;s consumer inflation (GHCPIY=ECI), opens new tab slowed for the 12th consecutive month,&hellip;\n","protected":false},"author":2,"featured_media":14128,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[488,1783,698,710,703,712,707,701,709,700,715,495,1784,1852,1788,1782,711,1585,1586,491,493,714,9471,79,1588,1589,9472,2741],"class_list":{"0":"post-14127","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ghana","8":"tag-afr","9":"tag-destabn","10":"tag-destabx","11":"tag-destafn","12":"tag-destbnx","13":"tag-destd","14":"tag-destdnp","15":"tag-deste","16":"tag-destfun","17":"tag-destm","18":"tag-destozabsm","19":"tag-destozatpm","20":"tag-destpsc","21":"tag-destptd","22":"tag-destrbn","23":"tag-destrnp","24":"tag-destucdptest","25":"tag-eci","26":"tag-eco","27":"tag-emea","28":"tag-emrg","29":"tag-fin","30":"tag-gh","31":"tag-ghana","32":"tag-infl","33":"tag-mce","34":"tag-rulesghana","35":"tag-wafr"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/14127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/comments?post=14127"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/14127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media\/14128"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media?parent=14127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/categories?post=14127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/tags?post=14127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}