Ghana's Inflation Rises To 5% As MPC Meets Amid Currency Pressure
Rate Climbed From 4.6% In July, Adding To The Bank Of Ghana's Policy Balancing Act
By Sidick Adjah · September 23, 2026 · 34 seconds read
Ghana's annual inflation rate rose to 5% in August 2026, up from 4.6% in July, as the Bank of Ghana's Monetary Policy Committee began its September meeting under renewed pressure from a weakening cedi.
External Risks In The Mix Exchange rate pressures and external risks, including developments in the Middle East and US interest rate decisions, were cited as factors likely to influence the central bank's policy rate decision.
A Long Way From The Peak The current inflation rate remains far below the 54.1% recorded in December 2022, during the depth of the country's debt crisis, underscoring the scale of the disinflation achieved over the past several years even as fresh pressures emerge.