Ghana’s Inflation Eases to 3.2% in March 2026, Down from 22.4% a Year Ago

The Ghana Statistical Service has announced a decline 0.1 % in March 2026 inflation bringing it to 3.2% down from 3.3% recorded in February 2026 and 22.4% a year earlier signaling a clear return to stability.

Month-on-month, prices also increased by 0.1%, indicating minimal pressure between February and March 2026.
The Statistical Service also indicated that March inflation is narrow based with just five items accounting for 61.5% of total inflation.
The items included charcoal, green plantain, smoked herrings, senior secondary school fees, and onions.

The report also revealed that price increases concentrated on a few items with Ginger accounting for 61.0% of 38.3% total , green plantain accounting for 59.0%, charcoal also accounting 53.0%, cashew accounting for 47%, and palm fruits accounting for 39.6%.

The Service also indicated that prices of Garden eggs (-60.3%), fried fish (-50.1%), pawpaw (-49.6%), cocoyam leaves (-46.7%), and fresh okro (-44.7%) are falling sharply and together reduced inflation by 18.3% in March 2026.

GSS Director, Dr. Alhassan Iddrisu indicated that the decline will help sustain stability and support government’s investment in food systems and transport, help businesses improve efficiency and stabilize prices and help households plan spending and build savings.

About The Author

Spread the love

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *