Ghana’s inflation rate increased for the third consecutive month, rising to 5.3 percent in June from 3.7 percent in May, according to the latest figures released by the Ghana Statistical Service.
The latest data indicate a renewed rise in consumer prices after several months of relatively moderate inflation, with higher non-food prices contributing significantly to the increase.
Speaking on the latest Consumer Price Index report, Government Statistician, Alhassan Iddrisu, said food inflation rose slightly to 3.9 percent in June from 3.3 percent in May, while non-food inflation recorded a sharper increase, climbing to 6.3 percent from 4.1 percent during the same period.
Despite the monthly increase, inflation remains considerably lower than the 13.7 percent recorded in June 2025, suggesting that overall price pressures have eased compared to the same period last year.
The report further revealed that inflation for locally produced goods increased to 6.7 percent in June from 5.0 percent in May, accounting for 86.6 percent of the overall headline inflation. Inflation for imported goods also rose from 0.9 percent to 2.3 percent over the same period.
Price increases remained more pronounced in the services sector than in the goods sector. Services inflation stood at 9.4 percent, down slightly from 9.9 percent in May, while goods inflation accelerated sharply to 3.7 percent from 1.4 percent.
Explaining the trend, Dr. Iddrisu said the main inflationary pressures continue to come from services such as transport, rent, education, accommodation and other non-food items, adding that locally produced goods remain the biggest contributors to the country’s inflation.
At the regional level, the North East Region recorded the highest inflation rate at 10.2 percent, while the Bono East Region registered the lowest rate at negative 4.4 percent, reflecting an overall decline in average prices within the region during the period.
