Ghana's inflation rises to 5.2% in September

Ghana’s inflation rose to 5.2% in September 2026, as higher food inflation pushed the national rate up despite easing price pressures on non-food items.

The latest Consumer Price Index bulletin from the Ghana Statistical Service (GSS), released on October 7, 2026, showed that annual inflation increased from 5.0% in August, representing a rise of 0.2 percentage points.

The September figure means the general price level of goods and services purchased by households was 5.2% higher than a year earlier. Prices also increased by 1.1% between August and September.

Food and non-alcoholic beverages recorded annual inflation of 4.0%, up from 3.0% in August. The increase signals renewed pressure on household food budgets, with prices rising faster than they did in the previous month.

Non-food inflation, however, fell to 6.2% from 6.8% in August. Although the rate eased, it remained above both food inflation and the national average.

In other words, food prices rose faster than they did a year earlier, while prices of non-food items increased at a slower rate.

Price changes also varied across regions. The Ashanti Region recorded the highest annual inflation rate at 9.8%, well above the national rate of 5.2%.

The Western Region recorded an inflation rate of -0.5%, meaning prices there were slightly lower overall than they were in September 2025.

According to the GSS, four regions recorded inflation rates above the national average.

Although national inflation increased in September, it remained well below the 9.4% recorded a year earlier. Inflation fell to 3.2% in March 2026 before moving up and down in the following months.

For households, prices continued to rise overall. The faster increase in food prices could put additional pressure on family budgets, even as inflation in other parts of the economy eased.

DR/MA