Finance Minister welcomes further drop in inflation, calls it “real, measurable progress”

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Finance Minister Dr. Cassiel Ato Forson has welcomed the latest inflation figures, describing the continued decline as clear evidence that the economy is stabilising.

Inflation fell to 6.3 percent in November 2025, the lowest since the 2021 rebasing and marking the eleventh consecutive month of decline.

Dr. Forson said the numbers confirm that key economic reforms are yielding results, expressing particular satisfaction with the improvement in food prices.

“I am especially delighted by the sharp fall in food inflation, down from 9.5 percent in October to 6.6 percent in November,” he noted, adding that the drop will bring relief to households nationwide.

The Minister emphasised that the gains extend beyond food. “It is not just food. Price pressures are easing across the board,” he said.

According to the latest data, local inflation fell from 8.0 percent to 6.8 percent, while imported inflation decreased more sharply from 7.8 percent to 5.0 percent.

Describing the trend as a solid sign of economic recovery, Dr. Forson said, “This is real, measurable progress!”

Analysts say the sustained decline in inflation could further support economic stability and improve conditions for both businesses and consumers as the recovery strengthens.

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