{"id":14192,"date":"2025-12-04T14:19:57","date_gmt":"2025-12-04T14:19:57","guid":{"rendered":"https:\/\/gnbcc.net\/?p=14192"},"modified":"2025-12-04T14:21:13","modified_gmt":"2025-12-04T14:21:13","slug":"inflation-records-11th-consecutive-decline-drops-to-6-3-in-november","status":"publish","type":"post","link":"https:\/\/gnbcc.net\/inflation-records-11th-consecutive-decline-drops-to-6-3-in-november\/","title":{"rendered":"Inflation records 11th consecutive decline, drops to 6.3% in November"},"content":{"rendered":"\n

The year-on-year consumer  inflation rate has dropped for the 11th consecutive month, reaching 6.3 percent in November 2025 \u2013 down from 8 percent in October.<\/p>\n\n\n\n

This marks the lowest level recorded since the Consumer Price Index (CPI) rebasing in 2021, signalling continued macroeconomic stability and a sustained easing of price pressures across most major divisions of the economy.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

According to Government Statistician Prof. Alhassan Iddrisu, the November rate reflects a significant decline of 17.5 percentage points from the 23.8 percent inflation recorded at end-2024.<\/p>\n\n\n\n

The consistent downward trend, he noted, points to improved supply conditions, relatively stable exchange rate developments and easing cost pressures in both food and non-food categories.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Month-on-month inflation, which measures the change in average price levels between October and November, stood at 0.9 percent \u2013 an increase from the -0.4 percent recorded in October.<\/p>\n\n\n\n

This means consumer prices rose marginally over the one-month period, driven mainly by higher food, utilities and housing-related costs.<\/p>\n\n\n\n

Food and non-food<\/strong><\/p>\n\n\n\n

Food inflation fell sharply to 6.6 percent in November, down from 9.5 percent in October. Despite the year-on-year decline, food prices rose by 1.1 percent on a month-on-month basis, reflecting higher prices for staples such as onions, plantain, ginger and yam.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Non-food inflation also eased, dropping from 6.9 percent in October to 6.1 percent in November \u2013 with non-food items recording a 0.8 percent month-on-month rise.<\/p>\n\n\n\n

Goods inflation continued to decline, easing to 7.3 percent from 9.3 percent in October while services inflation dropped to 3.8 percent from 4.6 percent. Prices of goods nevertheless recorded a 1.2 percent month-on-month increase, compared to a 0.1 percent decline in services on a monthly basis.<\/p>\n\n\n\n

Inflation for locally produced items declined to 6.8 percent in November, down from 8 percent in October.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Imported inflation also dipped significantly to 5 percent from 7.8 percent the previous month -reflecting improvements in import cost conditions and relatively stable global commodity prices.<\/p>\n\n\n\n

Regional disparities<\/strong><\/p>\n\n\n\n

The data however reflect significant regional disparities. North East Region recorded the highest inflation rate at 12.2 percent, driven largely by food price pressures and limited market access.<\/p>\n\n\n\n

Savannah Region posted the lowest inflation rate at -0.02 percent, indicating minimal price increases within the period.<\/p>\n\n\n\n

Greater Accra, Eastern, Ashanti, Central and Western Regions accounted for more than 79 percent of the national inflation contribution, reflecting their economic size and consumption patterns.<\/p>\n\n\n\n

\u201cLocal supply, transport costs and market access could be driving these gaps,\u201d the data stated.<\/p>\n\n\n\n

Charcoal, smoked herrings, green plantain, ginger, cinema\/cultural services, onions, cooked rice, hotel accommodation, vegetable oil and yam were identified among the top contributors to inflation in November.<\/p>\n\n\n\n

Items such as garden-eggs, kontomire, pawpaw, fresh tomatoes, cabbage and okro recorded the lowest year-on-year inflation rates, easing pressure on overall food inflation.<\/p>\n\n\n\n

At the division level, food and non-alcoholic beverages remained the highest contributor to overall inflation, followed by housing, water, electricity, gas and other fuels; and clothing and footwear.<\/p>\n\n\n\n

Transport inflation remained in negative territory at -4.8 percent, continuing its downward trend due to relative stability in fuel prices and transport fares.<\/p>\n\n\n\n

Recommendation<\/strong><\/p>\n\n\n\n

The GSS urged households, businesses and policymakers to take advantage of the declining inflation environment.<\/p>\n\n\n\n

Households were encouraged to budget more intentionally and avoid unecessary spending while improving savings.<\/p>\n\n\n\n

Businesses were advised to strengthen supply chains and pass on cost savings where possible; and government was encouraged to maintain fiscal discipline while investing in systems that stabilise food prices, particularly storage, irrigation and logistics.<\/p>\n\n\n\n

Click here<\/strong> <\/a>for source.<\/p>\n","protected":false},"excerpt":{"rendered":"

The year-on-year consumer\u00a0 inflation rate has dropped for the 11th consecutive month, reaching 6.3 percent in November 2025 \u2013 down from 8 percent in October. This marks the lowest level recorded since the Consumer Price Index (CPI) rebasing in 2021, signalling continued macroeconomic stability and a sustained easing of price pressures across most major divisions of the economy.<\/p>\n","protected":false},"author":1,"featured_media":14193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[153],"tags":[161],"class_list":["post-14192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-articles","tag-inflation"],"jetpack-related-posts":[{"id":14526,"url":"https:\/\/gnbcc.net\/inflation-ends-2025-at-5-4-from-23-8-in-2024\/","url_meta":{"origin":14192,"position":0},"title":"Inflation ends 2025 at 5.4% from 23.8% in 2024","author":"Michael Teye","date":"January 8, 2026","format":false,"excerpt":"Ghana\u2019s inflation rate fell to 5.4 percent in December 2025, extending a disinflation trend that has now lasted 12 consecutive months. 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