Ghana has witnessed a period of price stability, with inflation falling sharply and the cost of goods and services easing across markets, according to President John Dramani Mahama.
This, he stated, has been achieved through his administration’s economic management strategy.
The strategy, he noted, is not just about improving macroeconomic indicators but ensuring that households experience real relief.
Speaking during his Presidential Media Encounter, he stated that “Our approach to economic management goes beyond improving the macroeconomic indicators. It’s about making the Ghanaian household feel the impact in their everyday lives.”
President Mahama added, “As the saying goes, the real economy is not in statistics, but in the pockets of the people.”
According to him, inflation has dropped significantly from 23.8 percent in December 2024 to 11.5 percent in July 2025—the lowest recorded since December 2021.
To the President, these achievements have stabilized prices of goods and services, adding that the effects of the economic rebound are now visible in markets across the country.
“The prices of key commodities have fallen and, for the first time in years, brands and businesses are actively advertising their price reductions. This is a sign that recovery is not only real but tangible,” he said.
By: Rainbowradioonline.com/Ghana