Ghana inflation June 2026 increased to 5.3% year on year, up from 3.7% recorded in May, as rising non-food prices pushed overall consumer inflation higher, the Ghana Statistical Service (GSS) has announced.
Despite the monthly increase, inflation remains well below the 13.7% recorded in June 2025, indicating that price pressures have eased considerably compared to the same period last year.
According to data released by the GSS, the Consumer Price Index (CPI) rose to 270.8 in June from 257.3 a year earlier. On a month-on-month basis, inflation slowed to 0.2% from 1.1% in May, suggesting that although prices continued to increase, the pace of growth moderated.
Non-food inflation remains the key driver
The latest figures showed that non-food inflation remained the biggest contributor to headline inflation, rising to 6.3% in June from 4.1% in May and accounting for 68.5% of the overall inflation rate.
Food inflation also increased modestly, climbing to 3.9% from 3.3% during the same period. Locally produced goods continued to exert the greatest influence on consumer prices, recording an inflation rate of 6.7%, up from 5.0% in May, and contributing 86.6% of headline inflation.
Inflation for imported goods also accelerated, rising to 2.3% from 0.9%.The report further revealed that services recorded stronger price growth than goods. Services inflation eased slightly to 9.4% from 9.9% in May, while goods inflation rose sharply to 3.7% from 1.4%.
Regional disparities emerge
Across the country, inflation trends varied significantly by region. The North East Region recorded the highest year-on-year inflation rate at 10.2%, while the Bono East Region posted the lowest rate at negative 4.4%, reflecting a decline in average prices over the period.
Although June marked the first notable increase after several months of moderation, the latest figures suggest Ghana's inflation environment remains considerably more stable than a year ago.
Economists are expected to closely monitor upcoming data to determine whether the June increase signals the beginning of renewed inflationary pressures or represents a temporary adjustment driven largely by higher non-food prices.
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