By Francis Ntow
Accra, July 2, GNA – Ghana’s inflation rose to 5.3 per cent in June 2026, marking a third consecutive monthly increase, the Ghana Statistical Service has announced.
The rise compares with 3.7 per cent recorded in May 2026.
The Consumer Price Index increased to 270.8 in June from 257.3 a year earlier, reflecting renewed price pressures after about 16 months of relative stability, driven mainly by non-food items.
The Government Statistician, Dr Alhassan Iddrisu, said this at the release of the Consumer Price Index and inflation figures in Accra.
Non-food inflation rose to 6.3 per cent in June from 4.1 per cent in May, accounting for 68.5 per cent of total inflation, while food inflation increased to 3.9 per cent from 3.3 per cent over the same period.
Transport, rent, education and accommodation services were the main contributors to the increase in non-food inflation, while higher prices of staples and household consumables pushed up food inflation.
Inflation for locally produced goods rose to 6.7 per cent from 5.0 per cent, accounting for more than 86 per cent of headline inflation, indicating continued domestic supply-side pressures.
Imported goods inflation increased to 2.3 per cent from 0.9 per cent, reflecting a more limited impact from external factors.
Services inflation stood at 9.4 per cent, down from 9.9 per cent in May, while goods inflation rose to 3.7 per cent from 1.4 per cent.
Regionally, the North East Region recorded the highest inflation at 10.2 per cent, while Bono East recorded the lowest at 4.4 per cent.
Dr Iddrisu said inflation remained below the 13.7 per cent recorded in June 2025, indicating a year-on-year easing of price pressures despite recent monthly increases.
He said that the stabilisation of the cedi under external support frameworks had previously helped moderate structural price pressures.
“If left unchecked, persistent domestic price increases could risk unwinding the consumer confidence that has slowly been returning to local markets,” he said.
Dr Iddrisu urged households to prioritise essential spending, manage recurring costs, and maintain cash buffers, and advised businesses to secure supplier terms early and adopt structured pricing strategies to safeguard margins.
He also called on the government to maintain macroeconomic discipline, address supply bottlenecks in transport, storage and logistics, and strengthen targeted interventions in inflation hotspots through timely regional data monitoring.
GNA
Edited by Kenneth Sackey
Reporter: Francis Ntow