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Non-Food Prices and Local Goods Push Ghana’s June Inflation to 5.3%

July 1, 2026
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Headline inflation rate rose for the third consecutive month, climbing to 5.3% in June from 3.7% in May.

According to data released by the Ghana Statistical Service, this latest increase was driven largely by higher non-food prices.

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Commenting on the figures, Government Statistician, Dr. Alhassan Iddrisu, said food inflation edged up to 3.9% in June, from 3.3% in May, while non-food inflation recorded a sharper increase to 6.3%, from 4.1% over the same period.

Despite this monthly acceleration, inflation remains significantly lower than the 13.7 percent recorded in June 2025, indicating that overall price pressures continue to ease on a year-on-year basis.

The upward pressure was heavily concentrated in domestic production. Inflation for locally produced goods rose to 6.7% in June from 5.0% in May, accounting for 86.6% of headline inflation, whereas the inflation rate for imported goods increased more modestly to 2.3% from 0.9% over the same period.

In terms of sector performance, services inflation stood at 9.4 percent, easing slightly from 9.9% in May, while goods inflation accelerated sharply to 3.7% from 1.4%.

“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“, the Government Statistician said.

The North East Region recorded the highest inflation rate at 10.2%, while the Bono East Region posted the lowest rate at -4.4%, reflecting an overall decline in average prices during the period.

By: Rainbowradioonline.com/Ghana

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