{"id":251757,"date":"2025-11-08T19:09:09","date_gmt":"2025-11-08T19:09:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/251757\/"},"modified":"2025-11-08T19:09:09","modified_gmt":"2025-11-08T19:09:09","slug":"inflation-projected-to-drop-to-6-5-in-november-ic-research","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/251757\/","title":{"rendered":"Inflation projected to drop to 6.5% in November \u2013 IC Research"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Inflation-projected-to-drop-to-6-5-in-November-IC-Research-2008631?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/11\/99591355.295.jpg\" alt=\"The firm also predicts a possible policy rate cut by the Bank of Ghana | File Photo\" title=\"The firm also predicts a possible policy rate cut by the Bank of Ghana | File Photo\" width=\"295\" height=\"178\" \/> <\/a>The firm also predicts a possible policy rate cut by the Bank of Ghana | File Photo<\/p>\n<p id=\"article-123\">Headline inflation is expected to decline sharply to 6.5% in November 2025, from 8.0% recorded in October, according to market intelligence firm IC Research.<\/p>\n<p>The firm attributes this drop to a favourable base effect and the strong performance of the cedi, which has helped to ease recent fuel price pressures.<\/p>\n<p>\u201cA strong, favourable base effect and recent cedi appreciation will likely drag inflation towards the BoG\u2019s [<a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3532\" rel=\"nofollow noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3532\" rel=\"nofollow noopener\">Bank of Ghana<\/a>] lower target. We expect headline inflation to drop sharply to 6.5% in November 2025 (- 150 basis points month-on-month), reflecting a favourable base effect and the cedi\u2019s sharp appreciation, which has reversed recent fuel price pressures,\u201d the firm stated, as reported by myjoyonline.com.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Ghana-s-inflation-drops-to-8-in-October-2025-2008168\" rel=\"nofollow noopener\" target=\"_blank\">Ghana&#8217;s inflation drops to 8% in October 2025<\/a><\/p>\n<p>IC Research also predicts a possible policy rate cut by the <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3532\" rel=\"nofollow noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3532\" rel=\"nofollow noopener\">Bank of Ghana<\/a> (BoG) in the coming months, citing the consistent decline in inflation and the central bank\u2019s success in stabilising prices.<\/p>\n<p>The report also noted that food inflation has returned to single digits for the first time since July 2021, dropping to 9.5% year-on-year, while non-food inflation fell to 6.9%, reflecting broad-based price stability across consumer goods.<\/p>\n<p>October\u2019s 8.0% headline rate marked the lowest inflation print since June 2021, reinforcing expectations that Ghana\u2019s economy is firmly on a disinflationary path, as the cedi continues to strengthen.<\/p>\n<p>ID\/AE<\/p>\n<p>Watch the promo to GhanaWeb&#8217;s latest documentary, which uncovers the evolution of \u2018kayamata,&#8217; an exploitative practice fueled by love charms and manipulation, titled, \u201cThe Dark Side of Kayamata,&#8217; below: <\/p><\/p>\n","protected":false},"excerpt":{"rendered":"The firm also predicts a possible policy rate cut by the Bank of Ghana | File Photo Headline&hellip;\n","protected":false},"author":2,"featured_media":251758,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-251757","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/251757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=251757"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/251757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/251758"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=251757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=251757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=251757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}