Ghana’s inflation dropped to 3.3 percent in February 2026, marking the 14th consecutive monthly decline and the lowest level recorded since the Consumer Price Index (CPI) was rebased in 2021, the Ghana Statistical Service has reported.
The February rate represents a 0.5 percentage point drop from 3.8 percent in January and a sharp fall from 23.1 percent in February 2025. On a month-on-month basis, inflation increased modestly by 0.8 percent, indicating only minor short-term price changes.
Government Statistician Dr. Alhassan Iddrisu, presenting the data said the figures reflect improving price stability and macroeconomic conditions.
“The steady drop in inflation from 23.1 per cent in February 2025 to 3.3 per cent in February 2026 shows a sustained shift in prices, signalling a firm path to macroeconomic stability,” he said.
Food and non-alcoholic beverages inflation slowed significantly to 2.4 percent in February, down from 3.9 percent in January, easing household food costs. Non-food inflation, however, edged up slightly to 4.0 percent from 3.8 percent.
Locally produced items recorded inflation of 4.5 percent, slightly down from January, while imported goods saw a sharper slowdown, with inflation falling to 0.6 percent from 2.0 percent, reflecting moderating global prices and exchange rate stability.
Dr. Iddrisu urged continued fiscal discipline and targeted supply-side measures to sustain the disinflation trend.
“Inflation is now lower, narrower and more stable,” he said, highlighting the progress Ghana has made in taming price pressures and supporting macroeconomic recovery.
Source: Starrfm.com.gh
