Ghana inflation edges up to 3.4% in April 2026 as service costs surge
Ghana’s inflation rate recorded a slight increase in April 2026, rising from 3.2% in March to 3.4%, according to the latest data released by the Ghana Statistical Service.
The marginal uptick was influenced by higher prices of items such as charcoal, rent, senior high school fees, smoked fish, and utility services. In contrast, transport fares showed a decline of about 3.4% over the period under review.
Overall, housing-related expenses, utilities, and fuel continued to exert the strongest pressure on the inflation basket.
The Consumer Price Index report for April 2026 also showed that prices of goods and services rose by 1.0% between March and April on a month-to-month basis.
A closer look at the data reveals a divergence between food and non-food inflation. Food inflation eased slightly year-on-year, dropping from 2.3% in March to 2.2% in April. However, non-food inflation moved upward from 3.9% to 4.2%, reflecting a 1.1% month-on-month increase.
While inflation for goods slowed to 1.1% in April from 1.7% in March, offering some relief to consumers, services inflation climbed sharply from 7.2% to 9.6%, driven largely by rising costs in housing and utilities.
Regional data also shows significant variation across the country. The North East Region recorded the highest inflation rate at 9.5%, while the Savannah Region posted the lowest at -3.5%.
On a monthly basis, food prices rose by 0.8%, indicating continued pressure on essential commodities, likely influenced by supply chain constraints, transportation costs, and market accessibility challenges.
The report suggests that differing regional economic conditions continue to shape inflation patterns across the country.
Source: Classfmonline.com/Zita Okwang
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