Accra: 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, indicates significant regional disparities in inflation rates across the country, with the North East Region experiencing the highest inflation rate at 10.8%.
According to Ghana Web, despite the national average inflation rate declining, households in the North East are still encountering substantial price increases. In contrast, the Bono East Region stands out with a negative inflation rate of 3.8%, making it the only region where prices have decreased compared to the previous year. This stark contrast highlights a nearly 15 percentage point difference between the two regions, underlining the varied cost-of-living pressures within Ghana.
The Ashanti and Greater Accra regions, which have the largest populations, contributed significantly to the national inflation figure, accounting for 62% of it. Ashanti recorded an inflation rate of 7.6%, while Greater Accra's rate was slightly lower at 4.7%. Other regions such as Savannah, Western, and Upper East recorded negative or relatively low inflation rates, with figures of -1.4%, -1.5%, and 0.3%, respectively.
The GSS data further reveals that locally produced goods and services are the primary drivers of inflation, with items like food, rent, and transport accounting for 86.7% of the price increases. In contrast, imported goods contributed only 2% to the inflation rate, suggesting that domestic economic factors are more influential in the observed price changes than external pressures or exchange rate fluctuations.
The GSS stated that these regional inflation figures will assist the government in targeting support to areas where households are facing the most severe economic challenges, particularly focusing on the North East Region.