After months of easing price pressures, Ghana has recorded another uptick in inflation, with the rate rising from 3.7 per cent in May to 5.3 per cent in June, as higher non-food costs outweighed modest increases in food prices.
New figures released by the Ghana Statistical Service (GSS) show that although inflation continued its upward monthly trend, the overall rate remains well below the 13.7 per cent recorded in June 2025, suggesting that price pressures have eased significantly over the past year.
Speaking at the release of the latest Consumer Price Index data, Government Statistician, Dr. Alhassan Iddrisu, said both food and non-food inflation increased in June, but the rise in non-food prices was more pronounced.
Food inflation inched up to 3.9 per cent from 3.3 per cent in May, while non-food inflation accelerated to 6.3 per cent from 4.1 per cent over the same period.
The report further revealed that locally produced goods continued to account for the bulk of inflationary pressures. Inflation for local products rose to 6.7 per cent in June from 5.0 per cent in May, contributing about 86.6 per cent of the overall headline inflation. Imported goods also recorded an increase, with inflation rising from 0.9 per cent in May to 2.3 per cent in June.
Sectoral data showed that the services sector remained the biggest source of price increases. Services inflation stood at 9.4 per cent, easing slightly from 9.9 per cent in May. However, goods inflation recorded a sharp jump to 3.7 per cent from 1.4 per cent a month earlier.
Explaining the drivers behind the latest figures, Dr. Iddrisu said, “This means that the pressure is coming from services, transport, rent, education, accommodation and other food costs, other non-food costs. Fifth, local items explain most of the inflation.”
Regional inflation rates varied considerably across the country. The North East Region recorded the highest inflation rate at 10.2 per cent, while Bono East posted the lowest at negative 4.4 per cent, indicating an overall decline in average prices within the region during the month.
The latest data suggests that while inflation remains relatively subdued compared to the same period last year, rising costs in non-food categories and locally produced goods continue to exert upward pressure on consumer prices, posing fresh concerns for households and businesses.
