Ghana’s inflation rate dropped to 4.6% in July 2026; however, figures from the Ghana Statistical Service (GSS) show that the decline in inflation has not benefited all regions equally.

The Consumer Price Index (CPI) report released by the GSS on August 5, 2026, shows that the North East Region recorded the highest inflation rate at 10.8%, meaning households in the region are still facing significantly higher price increases compared to the national average.

Meanwhile, the Bono East Region recorded a negative inflation rate of 3.8%, making it the only region where prices were lower than they were a year ago.

The difference between the two regions is almost 15 percentage points, highlighting the varying cost-of-living pressures across the country.

Ashanti and Greater Accra, which have the largest populations, contributed 62% of the national inflation figure.

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Ashanti recorded an inflation rate of 7.6%, while Greater Accra recorded 4.7%.

Other regions that recorded negative or relatively low inflation rates included Savannah (-1.4%), Western (-1.5%) and Upper East (0.3%).

The GSS data also shows that locally produced goods and services are the main drivers of inflation.

Items such as food, rent and transport accounted for 86.7% of the increase in prices, while imported goods contributed only 2%.

This suggests that rising costs within Ghana’s economy, rather than imported goods or exchange rate pressures, are largely responsible for the price increases being experienced in some areas.

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The GSS said the regional inflation figures would help the government target support to areas where households are facing the greatest economic pressures, particularly the North East Region.

DR/MA