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Inflation Climbs to 5.3% in June as Non-Food Prices Drive Consumer Costs Higher

Prosper AGBENYEGA by Prosper AGBENYEGA
July 1, 2026
Reading Time: 2 mins read
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Ghana’s inflation rate continued its upward trend in June, rising to 5.3 percent from 3.7 percent in May, marking the third consecutive monthly increase, according to the Ghana Statistical Service (GSS).

The latest figures indicate that the rise in the overall inflation rate was driven primarily by increases in non-food prices, even though inflation remains well below the 13.7 percent recorded in June 2025.

Government Statistician, Dr. Alhassan Iddrisu, said non-food inflation rose sharply to 6.3 percent in June from 4.1 percent in May, while food inflation also increased modestly from 3.3 percent to 3.9 percent over the same period.

He explained that the main sources of price pressures were in the services sector, particularly transport, rent, education, accommodation and other non-food expenses.

“This means that the pressure is coming from services, transport, rent, education, accommodation and other food costs, other non-food costs. Local items explain most of the inflation,” Dr. Iddrisu stated.

The data further showed that inflation for locally produced goods climbed to 6.7 percent from 5.0 percent in May, contributing about 86.6 percent of the overall inflation rate. Imported goods also recorded higher inflation, increasing from 0.9 percent to 2.3 percent.

Although services inflation eased slightly to 9.4 percent from 9.9 percent in May, it remained significantly higher than goods inflation, which accelerated to 3.7 percent from 1.4 percent.

Regionally, the North East Region recorded the highest inflation rate at 10.2 percent, while Bono East posted the lowest rate at negative 4.4 percent, indicating an overall decline in average prices within the region.

The June inflation figures suggest that while overall price pressures remain considerably lower than a year ago, rising costs in services and locally produced goods continue to influence consumer prices across the country.

Tags: ‘Higher’5.3%ClimbsConsumer CostsDriveInflationJuneNon-Food Prices
Prosper AGBENYEGA

Prosper AGBENYEGA

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