Ghana’s inflation rises to 3.4% in April, ending 15-month decline

Ghana’s year-on-year inflation climbed to 3.4 per cent in April 2026, up from 3.2 per cent in March, according to the Ghana Statistical Service (GSS).

The increase marked a 0.2 percentage point rise month-on-month but remained sharply lower than the 21.2 per cent recorded in April 2025.

The rise ended a 15-month consecutive decline, the longest period of falling inflation since the 2021 rebasing of the Consumer Price Index (CPI).

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Dr Alhassan Iddrisu, Government Statistician, announced the figures at a press conference in Accra.

“The Consumer Price Index for Apr 2026 was 267.3, up from 258.6 in Apr 2025,” he said.

April inflation was driven primarily by housing, water, electricity, gas and other fuels; food and non-alcoholic beverages; and education services.

Other notable contributors included restaurants and accommodation services, clothing and footwear, and recreation, sport and culture.

The top ten items accounting for 93.1 per cent of overall inflation were charcoal (15.2 per cent), rent payments (13.4 per cent), river fish (12.8 per cent), smoked herrings (10.6 per cent), and public and private secondary school fees (9.6 per cent).

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The remaining items were green plantain (8.0 per cent), ginger (7.4 per cent), cooked rice (5.7 per cent), hotel accommodation (5.6 per cent), and pre-primary and primary education (4.2 per cent).

Regionally, Greater Accra contributed 37.3 per cent to overall inflation, followed by Ashanti (35.4 per cent), Eastern (13.8 per cent), Central (10.7 per cent), and Volta (6.3 per cent).

“North East Region has the highest regional inflation rate of 9.5 per cent while the Savannah region has the lowest regional inflation rate of -3.5 per cent,” Dr Iddrisu said.

Food inflation eased slightly to 2.2 per cent from 2.3 per cent in March, while non-food inflation rose to 4.2 per cent from 3.9 per cent.

Inflation for goods fell to 1.1 per cent from 1.7 per cent, while services inflation increased to 9.6 per cent from 7.2 per cent.

“Inflation for locally produced items fell to 4.7 per cent in April 2026 from 4.9 per cent in March 2026, while imported items increased to 0.5 per cent in April 2026 from -0.6 per cent in March 2026,” he said.

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