Inflation Rises Marginally To 3.4% In April

Ghana's inflation rate edged up to 3.4 percent in April 2026, marking the first increase since December 2024. According to Government Statistician, Dr Alhassan Iddrisu, "In simple terms, prices are 3.4 percent higher than they were a year ago." The CPI rose to 267.3 in April 2026 from 258.6 in April 2025.

Dr Iddrisu noted that inflation had dropped sharply by 17.8 percentage points compared to the same period last year. Food inflation declined marginally to 2.2 percent in April from 2.3 percent in March, but month-on-month figures indicate a 0.8 percent rise in food prices. Ready-made food and fish continued to record high inflation rates of 10.1 percent and 11 percent respectively. Non-food inflation increased to 4.2 percent from 3.9 percent. Services inflation rose to 9.6 percent from 7.2 percent in March, while goods inflation slowed to 1.1 percent, down from 1.7 percent the previous month.

Housing, water, electricity, gas and other fuels accounted for 37 percent of the total inflation, recording a year-on-year inflation rate of 12.4 percent. Food and non-alcoholic beverages contributed 28 percent, while education services accounted for 15 percent. The North East Region recorded the highest inflation at 9.5 percent, followed by Ashanti (5.6%), Volta (4.7%), Eastern (4.5%) and Greater Accra (4.4%). Greater Accra contributed **37.3