Inflation decline: Ghana seeing real progress – Ato Forson

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Finance Minister Dr. Cassiel Ato Forson says Ghana is beginning to see “real, measurable progress” in its push to bring inflation under control, following another month of broad-based price drops across the economy.

Inflation fell to 6.3% in November 2025, the lowest since the 2021 rebasing and the eleventh straight month of decline. Dr. Forson said the steady drop shows that the government’s stabilisation efforts are working.

In a Facebook post on Thursday, December 4, he noted that key reforms are producing consistent results, especially in food prices. Food inflation dipped from 9.5% in October to 6.6% in November.

He explained that the improvement goes beyond food. Local inflation fell from 8.0% to 6.8%, while imported inflation dropped more sharply from 7.8% to 5.0%. Dr. Forson linked the trend to a more stable exchange rate and easing external cost pressures.

He added that the sustained slowdown in inflation boosts confidence in a more predictable price environment by 2026, bringing relief to households and businesses after years of economic uncertainty.

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