Ghana’s inflation rate has dropped to a single digit for the first time in four years, falling to 9.4% in September 2025 from 11.5% in August, according to the Ghana Statistical Service (GSS).
Government Statistician Dr. Alhassan Iddrisu explained that the decline was largely driven by reductions in both food and non-food inflation, as well as lower prices for locally produced and imported items.
“September 2025 inflation of 9.4% is actually showing a reduction from 11.5% recorded in August,” he said. “This is driven by a reduction in inflation on locally produced items from 12.2% in August to 10.1% in September, and also a reduction in inflation on imported items from 9.5% in August to 7.4%.”
Food inflation fell sharply from 14.8% in August to 11% in September, while non-food inflation also edged down from 8.7% to 8.25% over the same period.
Dr. Iddrisu further noted that the country’s month-on-month inflation stood at 0.9% in September, compared to a 1.3% decline between July and August.
“This increase is influenced by developments in both food and non-food inflation, where food inflation increased by 0.6% between August and September 2025,” he added.
The September figure marks Ghana’s lowest inflation rate since August 2021, offering relief after years of double-digit inflation that eroded household purchasing power and strained the economy.
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