Ghana’s steady movement toward price stability with annual inflation easing to 9.4% in September 2025 has been accompanied by a focused set of proposals from the Ghana Statistical Service (GSS) aimed at consolidating these improvements.
During a presentation to key stakeholders, Government Statistician Dr. Alhassan Iddrisu outlined specific measures for households, businesses, and policymakers to sustain the disinflation trend and reinforce long-term economic recovery.
For households, the advice was straightforward and practical: “take advantage of the falling inflation to plan ahead.” This means creating smarter budgets, cutting back on non-essential expenses, and setting aside even modest savings to cushion against potential future price shocks.
The intention is to safeguard real incomes now that inflationary pressures have eased, while also reducing household exposure should costs rise again.
Turning to the private sector, the GSS encouraged companies to seize this period of lower inflation to strengthen their competitiveness.
The recommendations urged firms to “invest in efficiency and local supply chains while inflation is low,” to “cut waste, strengthen sourcing from local producers, and reposition to grow as the economy stabilizes,” and to “pass cost savings to consumers where inputs are cheaper to build trust and competitiveness.”
Such steps, the GSS noted, would allow businesses to secure profit margins, lessen reliance on imports, and stimulate consumer demand as prices stabilize.
On the policy front, the GSS emphasized clear fiscal and supply-side priorities: “Maintain fiscal discipline,” “focus resources on keeping food prices low by strengthening storage, irrigation, and transport,” and “Tackle regional disparities.”
According to the GSS, implementing these strategies is vital to preventing a reversal of recent disinflation gains and ensuring that falling prices translate into broader economic benefits, including stronger investor confidence.
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