Ghana’s inflation has increased for the second consecutive time after seventeen straight months of falls bringing it to 3.7% for May 2026.
In its latest report on Inflation, the Ghana Statistical Service revealed that even though there was a 0.3 percentage points in inflation from April to May 2026, the increase still falls below the 18.4% recorded in May 2025.
Between April and May 2026 prices increased slightly by 1.1% signaling moderate increases in prices.
Significant among the drivers of Inflation is food- which rose from 2.2% to 3.3% with this figure representing not only increases in the prices of fresh tomatoes, green plantain, river fish, ginger, smoked herrings, and cooked rice but also declines in prices of maize, garden eggs, fresh okro, cocoyam leaves, fried fish, and beans.
Across the regional divide, inflation remains uneven with the North East Region recording the highest inflation rate at 10.1%, while the Savannah Region recorded the lowest at -3.0%.
In ending the Ghana Statistical Service highlighted that managing inflation is a shared responsibility hence calling on government to sustain fiscal discipline, businesses to improve efficiency and individuals to prioritize savings.
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