Ghana’s year-on-year inflation rate increased to 5.3% in June 2026 from 3.7% in May, driven mainly by higher non-food prices, according to the Ghana Statistical Service (GSS).
Despite the rise, inflation remains well below the 13.7% recorded in June 2025, indicating that overall price pressures are still much lower than a year ago.
The GSS reported that the Consumer Price Index (CPI) rose to 270.8 in June from 257.3 in the same period last year.
On a month-on-month basis, inflation slowed to 0.2% from 1.1% in May, showing that although prices continued to increase, the pace of growth eased.
Non-food inflation was the biggest contributor to the overall increase, rising to 6.3% from 4.1% in May and accounting for 68.5% of headline inflation.
Food inflation also edged up to 3.9% from 3.3%.
Locally produced goods recorded an annual inflation rate of 6.7%, up from 5.0% in May, contributing 86.6% of headline inflation.
Inflation for imported goods also increased to 2.3% from 0.9%.
Services continued to record stronger price growth than goods. Services inflation eased slightly to 9.4% from 9.9% in May, while goods inflation rose sharply to 3.7% from 1.4%.
Across the regions, the North East Region recorded the highest inflation rate at 10.2%, while the Bono East Region posted the lowest rate at -4.4%, reflecting a decline in average prices.
The latest figures suggest inflation has risen after several months of moderation, largely due to non-food prices.
However, Ghana’s inflation rate remains significantly lower than it was a year ago, with economists expected to monitor whether the June increase marks the start of renewed price pressures or a temporary uptick.
