Ghana’s annual inflation rate climbed sharply in June, reaching its highest level this year and strengthening expectations that the Bank of Ghana will keep interest rates unchanged at its next policy meeting.
New data released by the Ghana Statistical Service showed consumer prices rose by 5.3 percent in the 12 months to June, up from 3.7 percent in May. The increase marks the third straight month of rising inflation and the highest annual reading since December 2025.
The latest figures point to renewed price pressures across the economy, particularly in transport, housing and education, even as monthly price increases slowed.
Government Statistician Alhassan Iddrisu said the latest data reflected a rebound in annual inflation despite a much slower pace of price growth during the month.
“The year on year
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