The cost of services in Ghana increased sharply in October 2026, even as food inflation slowed, putting continued pressure on household budgets.

Data from the Ghana Statistical Service (GSS) show that services inflation rose to 11.5% in October, up from 8.3% in September.

This means services such as transport, housing-related expenses and other household services became more expensive at a faster rate.

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Food inflation, however, slowed to 2.8% in October from 4% in September, offering some relief to consumers.

The figures also show that non-food inflation increased to 7.9% from 6.2% over the same period, indicating that the cost of other goods and services continues to rise.

A breakdown of the figures shows that prices of locally produced goods increased faster than imported goods.

Inflation for locally produced items rose to 6.9% in October from 6.4% in September, while inflation for imported goods remained unchanged at 2.4%.

Despite the increase in some inflation categories, the overall Consumer Price Index (CPI) fell by 0.1% in October, compared with a 1.1% increase in September.

The decline was largely due to a 2% drop in food prices during the month.

The figures suggest that while consumers are getting some relief from food prices, the rising cost of services and other non-food items continues to affect their daily expenses.

ANAS/MA

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