Ghana’s headline inflation rate for June 2026 rose sharply to 5.3%, compared to 3.7% in May, driven mainly by increases in non-food prices.
According to the latest figures released by the Ghana Statistical Service (GSS), non-food inflation climbed to 6.3% from 4.1% in May, accounting for 68.5% of the overall inflation rate. Food inflation also edged up slightly to 3.9%, from 3.3% the previous month.
Month-on-month inflation slowed to 0.2%, down from 1.1% in May, indicating that while headline inflation rose, the pace of price increases moderated.
Locally produced items recorded inflation of 6.7%, contributing 86.6% of headline inflation, while imported goods inflation rose to 2.3% from 0.9%. Services inflation stood at 9.4%, slightly lower than 9.9% in May, while goods inflation increased to 3.7% from 1.4%.
Regionally, the North East Region recorded the highest inflation at 10.2%, while the Bono East Region registered deflation at -4.4%.
The report highlighted transport fares, rent, and secondary school fees as major contributors to non-food inflation. On the food side, ginger (+102.5%), shrimps (+90.8%), mangoes (+87.2%), and bananas (+47.8%) saw sharp price increases, while maize (-32.1%), millet (-23.0%), and garden eggs (-33.1%) recorded notable declines.
This sharp rise comes after months of relative stability, with inflation trending downward from double-digit levels recorded in 2025. Analysts note that while the June figure remains significantly lower than the 13.7% recorded in June 2025, the sudden increase underscores the impact of rising non-food costs on household budgets and signals potential pressure points for economic managers.
