Ghana’s inflation rate eased further in March, extending a sustained disinflation trend and reinforcing signs of macroeconomic stabilisation after years of elevated price pressures.
Data released by the Ghana Statistical Service on Wednesday, April 1, 2026, showed that annual consumer inflation slowed to 3.2 per cent in March 2026, down from 3.3 per cent in February.
This marks the 15th consecutive month of declining inflation and a sharp drop from 22.4 per cent recorded in March 2025.
Government Statistician Alhassan Iddrisu said the latest figure is the lowest recorded since the rebasing of the Consumer Price Index in 2021, describing it as evidence of a steady return to price stability.
He noted that the moderation in inflation continues to be largely driven by easing food prices, although non-food items are still registering marginal increases.
Food inflation declined to 2.3 per cent in March from 2.4 per cent in February, with prices falling 0.3 per cent month-on-month, offering some relief to households. Non-food inflation also eased slightly to 3.9 per cent, though prices in that category rose 0.3 per cent over the same period.
A sharper slowdown was recorded in goods inflation, which dropped to 1.7 per cent from 3.2 per cent in February, reflecting a 1.0 per cent decline in goods prices.
Despite the continued fall in annual inflation, prices edged up 0.1 per cent between February and March on a monthly basis, indicating that underlying price pressures have not fully dissipated even as overall inflation continues to slow.
Story by: Mercy Addai Turkson#ahotorfmonline.com