Ghana Inflation Rate Falls to Near 3-Decade Low

Ghana’s annual inflation rate eased to 3.3% in February 2026, down from 3.8% in January, marking the 14th consecutive month of decelerating price growth. This was the lowest inflation rate since August 1999, supported by the continued strength of the cedi. Food inflation slowed sharply to 2.4% from 3.9% in January, while non-food inflation inched up to 4% from 3.9%. On a monthly basis, the consumer price index (CPI) rose 0.8%, following a 0.2% increase in the previous month.