Despite inconsistent price changes in other sectors, new data from the Ghana Statistical Service (GSS) indicates that increases in housing and food costs were the primary causes of inflation in April 2026.
The paper states that there were notable price pressures in the housing, water, electricity, gas, and other energy categories, which significantly increased overall inflation during that time.
Sustained price increases for food and non-alcoholic beverages further reinforced their ongoing impact on the overall level of prices.
According to the GSS data, price increases for education services were moderate, while price increases for lodging and dining services slowed. Recreation, sports, entertainment, and apparel and footwear all saw comparatively muted rises.
There were only small price changes in furnishings, household maintenance, and products like alcohol and tobacco, pointing to fairly stable price movements in those areas.
Insurance and financial services, as well as personal care and other goods and services, just little changed, suggesting little volatility.
In some industries, however, opposing patterns were noted. The health sector saw significant swings in service costs, whereas information and communication saw minor decreases.
Additionally, transportation displayed unpredictability due to continuous changes in rates and fuel-related expenses.
Even while the overall inflation prognosis appears to be stabilising, the GSS data generally indicates inconsistent price changes across industries.
