FX.co ★ Ghana’s CPI Edges Up to 3.4% in April, Extending Year‑on‑Year Inflation Uptick

Ghana’s consumer price inflation inched higher in April 2026, with the year‑on‑year Consumer Price Index (CPI) rising to 3.40%, up from 3.20% in March 2026. The latest data, updated on 06 May 2026, indicate a modest acceleration in price growth as measured against the same month a year earlier.

The figures are based on a year‑on‑year comparison, where the “actual” April reading reflects the change relative to April a year ago, and the “previous” March figure reflects the change relative to March a year earlier. While the increase is slight, the move from 3.20% to 3.40% suggests a continuation of upward pressure in consumer prices as the second quarter of 2026 begins.

Investors and policymakers will be watching subsequent CPI releases closely to determine whether this uptick marks the start of a firmer inflation trend or remains a mild, contained rise within recent ranges.