Ghana’s inflation has risen to 5.3% in June 2026,up from the 3.7% recorded in May 2026.
This is according to the latest monthly Consumer Price Index(CPI) report by the Ghana Statistical Service(GSS) released on June 26,2026,marking a third consecutive increase after 17 consecutive months of decline.
Although the June 2026 inflation is far below the 13.7% recorded during the same period last year, the Statistical Service sounded a caution concerning the recent upward trend .
Whiles year-on-year inflation fell drastically, the month-on-month side painted a different picture with inflation rising marginally by 0.2%.
Shaping inflation was the services sector which increased by 9.4%, followed sharply by transport which jumped to 9.1% during the period and goods which increased by 3.7%.
The biggest story however had to do with locally produced items which accounted for 86.6% of the total inflation after a rise by 6.7%. Imports on the other hand also rose by 2.3%.
A look into food inflation also reveals a 102.5% rise in ginger while kontomire fell by 38%.
While these figures indicate an uptick due to rising fuel and non-food costs, it remains well within the Bank of Ghana medium-term target band of 8% ± 2%.
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