Ghana inflation drops to 6.3% in November as price pressures ease

• Inflation falls to 6.3% after 11 straight monthly declines
• Central bank cuts rate to 18% as price pressures ease

ACCRA, GHANA – Ghana’s inflation slowed to 6.3% in November from 8% in October, extending a year-long disinflation streak to its lowest level since the consumer index was rebased in 2021.

Data released Wednesday by the Ghana Statistical Service showed the latest reading marked an 11th consecutive monthly decline, pushing inflation down by 17.5 percentage points from 23.8% in December 2024.