Fitch Solutions predicts inflation to rise to 9% by end-2026 despite recent gains

Fitch Solutions, the research arm of global credit ratings agency Fitch, has projected that Ghana’s inflation will rise in the coming months, reaching 9% by the end of 2026.

Government Maintains Inflation Target Speaking at the same PwC Ghana webinar, Technical Advisor to the Finance Minister, Dr Theo Acheampong, said the Ministry of Finance still expects inflation to end 2026 within its target range of 8%, plus or minus 2 percentage points.

The firm said this will be driven by stronger domestic demand, mounting imported inflation as the cedi weakens on a year-on-year basis, and higher food prices linked to El Niño-related weather disruptions.