{"id":14591,"date":"2025-11-05T11:58:08","date_gmt":"2025-11-05T09:58:08","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/ghana-inflation-slows-for-10th-straight-month-in-october\/"},"modified":"2026-02-27T16:27:07","modified_gmt":"2026-02-27T14:27:07","slug":"ghana-inflation-slows-for-10th-straight-month-in-october","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/ghana-inflation-slows-for-10th-straight-month-in-october\/","title":{"rendered":"Ghana inflation slows for 10th straight month in October"},"content":{"rendered":"<p>Consumer inflation in Ghana slowed for the 10th consecutive month, falling to 8.0% year on year in October from 9.4% in September, the lowest level since June 2021, the statistics service said this Wednesday.<\/p>\n<p>&nbsp;<\/p>\n<p>Government Statistician Alhassan Iddrisu told a press conference that food prices were driving the overall decline in inflation.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;Ghana&#8217;s disinflation process is firmly under way. Price stability is returning, and key drivers that once fuelled double-digit inflation are now losing momentum,&#8221; Iddrisu said.<\/p>\n<p>&nbsp;<\/p>\n<p>The gold-, oil- and cocoa-producing nation in West Africa is emerging from its most severe economic crisis in decades.<\/p>\n<p>&nbsp;<\/p>\n<p>Ghana&#8217;s central bank now targets inflation of 8% with a margin of error of 2 percentage points either side.<\/p>\n<p>&nbsp;<\/p>\n<p>The International Monetary Fund said in October it had reached a staff-level agreement with Ghana&#8217;s authorities on the fifth review of its loan programme.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":14592,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14591","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Consumer inflation in Ghana slowed for the 10th consecutive month","published_date":"2025-11-05 13:57:47","news_description":"Consumer inflation in Ghana slowed for the 10th consecutive month","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14591\/revisions"}],"predecessor-version":[{"id":19186,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14591\/revisions\/19186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14592"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14591"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}