Minister of Finance Dr. Cassiel Ato Forson says Ghana is beginning to see “real, measurable progress” in its efforts to curb inflation, following yet another month of widespread price reductions across the economy.
Inflation fell to 6.3% in November 2025 — the lowest level since the 2021 rebasing and the eleventh consecutive monthly decline. According to Dr Forson, this is strong evidence that the government’s economic stabilisation measures are taking effect.
In a Facebook post on Thursday, December 4, he noted that ongoing reforms are producing steady results, with the sharpest improvements seen in food prices. Food inflation dropped significantly from 9.5% in October to 6.6% in November.
“It is not just food,” he added, pointing to reduced price pressures across multiple sectors. Local inflation eased from 8.0% to 6.8%, while imported inflation dropped even further, from 7.8% to 5.0% — a trend he linked to a more stable exchange rate and diminishing external cost pressures.
Dr Forson stated that the continued decline in inflation boosts confidence in a more stable and predictable price environment in 2026, bringing much-needed relief to households and businesses after years of economic turbulence.
