Ghana inflation rises slightly to 5% in August

Ghana's year-on-year inflation rate increased to 5.0 percent in August 2026, a slight rise from 4.6 percent in July 2026, according to Dr Alhassan Iddrisu, the Government Statistician. Despite this slight uptick, the inflation rate remains significantly lower than the 11.5 percent recorded in August 2025, indicating a notable decline over the period.

The month-on-month inflation rate was recorded as negative 1.0 percent, suggesting a decrease in average prices compared to the previous month. Food inflation eased marginally to 3.0 percent, while non-food inflation rose to 6.8 percent, with goods inflation at 3.8 percent and services inflation at 8.6 percent.

Brief written by urgent.news from Ghana Business News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.