GHDatafie blog

Ghana inflation was 5.2 percent in September 2026, GSS figures show

GHDatafie, 22 October 2026

Ghana's headline consumer price inflation was 5.2 percent in September 2026, according to the Ghana Statistical Service (GSS). It is up from 5.0 percent in August 2026 and down from 9.4 percent in September 2025. The figure is flagged as final.

Ghana's headline inflation was 5.2 percent in September 2026, according to the Ghana Statistical Service (GSS). GSS published the figure on 7 October 2026, and it is flagged as final. Prices across the national basket of goods and services were, on average, 5.2 percent higher in September 2026 than in September 2025.

How September compares

Inflation was 5.0 percent in August 2026, according to GSS. The September figure is 0.2 percentage points higher, a change GHDatafie calculated. A year earlier, in September 2025, inflation was 9.4 percent. GHDatafie calculated that the latest figure is 4.2 percentage points lower than that. Prices are still rising, but more slowly than they were a year ago.

In the figures shown in the chart above, inflation fell through most of 2025 and reached its lowest point, 3.2 percent, in March 2026. It has moved up since then, with a larger rise in June 2026, a dip in July and smaller rises in August and September. The chart above has every monthly value from June 2023 onwards, with each figure on hover.

What 5.2 percent means for your money

GHDatafie calculated that, at a yearly rate of 5.2 percent, something that cost GH₵100 in September 2025 costs GH₵105.2 in September 2026, on average. The figure is an average across the whole basket. What you pay may have risen faster or more slowly, depending on what you buy.

What inflation measures

Headline inflation is the year-on-year change in the national Consumer Price Index (combined), the measure GSS uses to track the prices households pay. GSS shows the figure to one decimal place. Each figure is calculated on the index base in force when it was published: first 2012 = 100, later 2021 = 100. When GSS restates a figure, GHDatafie keeps the restated value as a revision.

A lower inflation rate means prices are rising more slowly. Prices fall on average only when inflation turns negative, and none of the figures shown are negative. So the drop from September 2025 to September 2026 means a slower rise in prices, and the GH₵100 example above still costs more than it did a year earlier.

All figures here are as published by GSS and may be revised. You can see the full series on the headline inflation page and new publications on the releases page.

Where the figures come from

The inflation figures come from the Ghana Statistical Service (GSS), statsghana.gov.gh, as published by GSS and compiled by GHDatafie. GHDatafie is independent of GSS and not endorsed by it. The comparisons and the GH₵100 example were calculated by GHDatafie. See the series page for CPI inflation, headline, year on year.

Questions people ask

What is Ghana's inflation rate?

Ghana's headline inflation was 5.2 percent in September 2026, according to the Ghana Statistical Service. The figure was published on 7 October 2026 and is flagged as final.

Did inflation in Ghana go up in September 2026?

Yes. According to GSS, inflation was 5.2 percent in September 2026, up from 5.0 percent in August 2026, which GHDatafie calculated as 0.2 percentage points higher.

How does Ghana's inflation compare with a year ago?

Inflation was 9.4 percent in September 2025 and 5.2 percent in September 2026, according to GSS. GHDatafie calculated that the latest figure is 4.2 percentage points lower.

What does 5.2 percent inflation mean for prices?

GHDatafie calculated that, at a yearly rate of 5.2 percent, something that cost GH₵100 in September 2025 costs GH₵105.2 in September 2026, on average. Your own costs depend on what you buy.

Does lower inflation mean prices are falling in Ghana?

No. A lower inflation rate means prices are rising more slowly, and prices fall on average only when inflation is negative. None of the GSS figures shown are negative, and figures are as published and may be revised.

Figures in this article

• CPI inflation, headline, year on year: Source: Ghana Statistical Service (GSS), statsghana.gov.gh. Figures as published by GSS; compiled by GHDatafie, which is independent of and not endorsed by GSS.

Changes and everyday examples are calculated by GHDatafie from the published figures. GHDatafie is independent and is not part of, or endorsed by, the publishers it quotes.