ACCRA, Jan 7 (Reuters) – Ghana’s consumer inflation 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
\n 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
\n “This steady decline signals a sustained shift toward price stability and improving macroeconomic conditions,” Iddrisu said, adding that last month inflation reached its lowest level since a rebasing exercise in 2021.<\/p>\n
\n The Bank of Ghana targets inflation of 8%, with a tolerance band of 2 percentage points either side.<\/p>\n
\n Inflation was at 23.8% in December last year.<\/p>\n
\n The West African gold-, oil- and cocoa-producing nation is emerging from its most severe economic crisis in decades.<\/p>\n
\n Ghana’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 in December.<\/p>\n
\n The International Monetary Fund last month completed the fifth review of the country’s loan programme, allowing for an immediate disbursement of around $385 million. <\/p>\n
\n (Reporting by Emmanuel Bruce and Christian Akorlie; Writing by Anait Miridzhanian; Editing by Andrew Heavens and Jan Harvey)<\/p>\n","protected":false},"excerpt":{"rendered":"ACCRA, Jan 7 (Reuters) – Ghana’s consumer inflation slowed for the 12th consecutive month, falling to 5.4% year…\n","protected":false},"author":2,"featured_media":9093,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[79,2187],"class_list":{"0":"post-9092","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ghana","8":"tag-ghana","9":"tag-markets"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/9092","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=9092"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/9092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media\/9093"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media?parent=9092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/categories?post=9092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/tags?post=9092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}