Ghana’s annual inflation rate has seen a small decline of two percentage points and in the 12 months to September prices rose by just over 38%.
The country’s statistics body on Wednesday said food prices remain the main driver of the inflation rate.
The West African country is facing its worst economic hardship in over a generation marked by a cost-of-living crisis and huge public debt.
The government introduced tough measures including increasing utility tariffs, a review of existing taxes and the introduction of new ones to boost domestic revenue.
In May, the cocoa and gold-rich country secured a $3bn (£2.4bn) loan from the IMF to help ease the economic problems it faces.