Ghana’s year-on-year inflation rate increased to 5.3% in June 2026, up from 3.7% in May, a 1.6 percentage point increase caused primarily by growing non-food prices, according to the Ghana Statistical Service (GSS).
Even with the rise, inflation is still far lower than the 13.7% recorded in June 2025, suggesting that pricing pressures are still lessening as compared to the same time last year.
The Consumer Price Index rose to 270.8 in June from 257.3 in the same period previous year, according to data provided by the GSS today.
Monthly inflation decreased to 0.2% from 1.1% in May, indicating that although prices were still rising, the rate of growth slowed.
Non-food inflation, which increased to 6.3% from 4.1% in May and accounted for 68.5% of total inflation, continued to be the primary cause of price rises overall.
Transportation charges contributed the most, making up 10.5% of headline inflation, according to a breakdown of non-food inflation.
Secondary school costs accounted for 7.2% of the total, with rent coming in second at 8.4%. Hotels and other lodging services were another significant contributor, accounting for 4.0%.
Services inflation, which was 9.4% and reflected ongoing pressure in the services sector, was a major driver of the non-food category.
Additionally, food inflation increased somewhat, from 3.3% to 3.9% last month.
Additionally, the data revealed that locally manufactured goods contributed 86.6% of headline inflation, with a year-over-year inflation rate of 6.7%, up from 5.0% in May.
On the other hand, inflation for imported items increased from 0.9% to 2.3%.
Prices for services continued to rise more quickly than for products. Although it significantly decreased from 9.9% in May, services inflation was 9.4%.
On the other hand, goods inflation rose dramatically from 1.4% to 3.7%.
Due to a drop in average prices during that time, the North East Region had the highest inflation rate in June at 10.2%, while the Bono East Region had the lowest at -4.4%.
Source: newsthemegh.com