Search

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

Women hawkers on the streets of Accra, Ghana. Photo by Langford Kwabena @ Unsplash
Women hawkers on the streets of Accra, Ghana. Photo by Langford Kwabena @ Unsplash
  • Inflation falls to 6.3% after 11 straight monthly declines
  • Central bank cuts rate to 18% as price pressures ease

 

ACCRA, GHANAGhana’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.

Recent Business

The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
Rwanda rolls out multicurrency trading to attract global investors
Read More »
Farm products being transported to the city. Photo by Beat Roth @ Pixabay
Tanzania overtakes Kenya in Uganda trade, redrawing East Africa’s economic map
Read More »
Sunrise in Pretoria, South Africa. Photo by Kyle-Philip Coulson @ Unsplash
South Africa’s $3.5bn Eurobond surge boosts global investor confidence
Read More »

Recent Politics

African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »

Latest Posts

Latest news insights