GSS Outlines Roadmap to Sustain Disinflation as Inflation Drops to 9.4%
Ghana’s steady march toward price stability — marked by inflation easing to 9.4% in September 2025, the first single-digit figure in four years — has been matched with a new set of policy and behavioural recommendations from the Ghana Statistical Service (GSS) to cement these gains.
Presenting to stakeholders, Government Statistician Dr. Alhassan Iddrisu outlined distinct actions for households, businesses, and government to ensure disinflation translates into lasting economic recovery.
Guidance for Households
The GSS urged citizens to take advantage of easing prices to strengthen financial resilience.
“Take advantage of the falling inflation to plan ahead,” Dr. Iddrisu advised, encouraging households to budget wisely, cut unnecessary spending, and save even small amounts to build buffers against future shocks.
This, he explained, would protect real incomes now and reduce vulnerability if inflationary pressures re-emerge.
Recommendations for Businesses
The private sector was encouraged to view the current environment as an opportunity to reposition for growth.
The GSS called on firms to:
- Invest in efficiency and local supply chains while costs are relatively stable.
- Cut waste and strengthen sourcing from local producers to reduce import dependence.
- Pass cost savings to consumers to build competitiveness and consumer trust.
These steps, Dr. Iddrisu said, would allow firms to lock in margins and sustain consumer demand.
Policy Priorities for Government
On the public policy side, the GSS set out a clear roadmap to consolidate progress:
- Maintain fiscal discipline to avoid reigniting inflation.
- Strengthen food systems by investing in storage, irrigation, and transport to keep food prices low.
- Tackle regional disparities to ensure disinflation benefits are evenly distributed nationwide.
Outlook
The GSS cautioned that preserving recent gains requires coordinated action across households, businesses, and government. Sustained implementation, it argued, will not only prevent a reversal of disinflation but also unlock broader economic benefits, including higher investor confidence, stronger consumer demand, and more stable growth.
Source: CitiNews
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