Housing and food prices drove April inflation – GSS

-

Carbonatix Pre-Player Loader

Audio By Carbonatix

Rising housing and food prices were the main drivers of inflation in April 2026, according to new data released by the Ghana Statistical Service, despite mixed price trends across other sectors.

The report indicates that the housing, water, electricity, gas and other fuels category recorded significant price pressures, contributing notably to overall inflation during the period.

Food and non-alcoholic beverages also posted steady increases, reinforcing their strong influence on the general price level.

Education services recorded moderate price gains, while price growth slowed in restaurants and accommodation services. Clothing and footwear, as well as recreation, sports and culture, saw relatively mild increases.

Other categories, including furnishings, household equipment and routine maintenance, together with alcoholic beverages, tobacco and narcotics, recorded modest changes, suggesting generally stable price movements.

Personal care and miscellaneous goods and services, along with insurance and financial services, registered only marginal adjustments, indicating limited volatility in those areas.

However, the report highlights contrasting trends in some sectors, with information and communication recording slight declines, while the health sector experienced noticeable fluctuations in service costs.

Transport also showed volatility, reflecting ongoing changes in fares and fuel-related costs.

Overall, the GSS report points to uneven price movements across sectors, even as the broader inflation outlook shows signs of stabilising.

ALSO READ:

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.