July 2, 2026

Ghana’s year-on-year inflation rate rose to 5.3% in June 2026, up from 3.7% in May, marking the third consecutive monthly increase, according to the Ghana Statistical Service (GSS).

Despite the increase, inflation remains significantly lower than the 13.7% recorded in June 2025.

Government Statistician Dr. Alhassan Iddrisu said prices increased by 0.2% between May and June, compared with a 1.1% month-on-month increase recorded in May.

Dr. Iddrisu further noted that inflation in June was driven largely by locally produced goods, which recorded an inflation rate of 6.7% and accounted for 86.6% of total inflation. By comparison, inflation for imported goods stood at 2.3%, indicating that domestic factors are now contributing more to rising prices than exchange rate movements.

Highlighting differences in prices across commodities and regions, he said the price of ginger surged by 102.5%, while kontomire prices declined by 38.0%, despite the national inflation rate standing at 5.3%.

Regionally, the North East Region recorded the highest inflation rate at 10.2%, while the Bono East Region recorded a negative inflation rate of 4.4%, reflecting an overall decline in prices.

Dr. Iddrisu stressed that inflation is not experienced equally across the country, noting that the varying regional and commodity-specific trends underscore the need for targeted policy responses.

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