|
Nigeria, Oct. 1 -- Ghana's economy has reached a significant milestone with consumer price inflation dropping to single digits for the first time since 2021. The Ghana Statistical Service reports that September 2025's 9.4% annual inflation rate decreased from 11.5% in August, marking the ninth consecutive month of decline.
Easing food prices drove this change; food inflation slowed to 11% in September from 14.8% the previous month. Non-food inflation also slowed, dropping from 8.7 percent in August to 8.2 percent. This trend brings much-needed relief to homes and companies that have struggled with high prices for years, having already brought inflation under the government's full-year objective.
The News Chronicle learnt that the Bank ...