Fitch Solutions has projected that Ghana’s inflation will rise again in the second half of 2026, warning that recent improvements in price stability may prove temporary as the Ghana cedi comes under renewed pressure.
The research arm of global ratings agency Fitch expects inflation to end the year at 9%, a forecast that is well above the government’s target and reflects concerns about the country’s exchange rate outlook.
Speaking during PwC Ghana’s webinar on the 2026 Mid-Year Budget Review, Associate Director Mike Kruiniger said the sharp decline in inflation recorded in recent months had been driven largely by the strong performance of the cedi.
According to him, that trend is unlikely to continue.
“We don’t expect the cedi to remain as strong in the coming months based on the Bank of Ghana’s current policy stance,” he said, adding that a weaker currency is expected to push prices upward again.
Meanwhile, the projection differs sharply from the government’s outlook. Finance Minister Dr. Cassiel Ato Forson has maintained that inflation will continue to decline and end the year at 5%.
Source: metrotvonline.com
