FX.co ★ Ghana Inflation Rate Softens for 12th Month

Ghana experienced a continued decline in its annual inflation rate, reaching 5.4% in December 2025, the lowest figure since July 2022. This decline from November’s 6.3% marked the 12th consecutive month of decreasing inflation, largely due to the strengthening of the national currency. Specifically, food inflation decreased to 4.9%, down from 6.6% in November, while the growth rate of non-food prices slowed to 5.8%, compared to 6.1% the previous month. On a monthly scale, the Consumer Price Index (CPI) increased by 0.9% in December, maintaining the same growth rate as November.