Ghana’s January 2026 inflation revealed sharp regional disparities, with rates ranging from -2.6% in Savannah to 11.2% in the North East, according to the Ghana Statistical Service.
Eight regions recorded inflation above the national average of 3.8%, including Volta (7.6%) and Eastern (7.0%), while several northern regions, including Savannah, Upper East (-1.3%) and Oti (-0.5%), experienced deflation.
Moderate inflation was observed in the southern and central regions, with Greater Accra at 3.0%, Bono at 3.1%, and Central at 3.2%, while Ashanti (4.0%), Western North (4.3%), Upper West (4.5%), Ahafo (5.0%), and Western (5.1%) exceeded the national average.
The divergent trends highlight uneven economic pressures across the country, suggesting that headline inflation masks local realities.
Regions with high inflation may see rising living costs and pressures on household budgets, while deflationary areas could face weaker consumer spending, affecting retail sales and business activity.
For policymakers and investors, the regional variation underscores the need for targeted measures in monetary policy, supply chain management, and investment planning to address local price pressures without destabilizing the broader economy.
