Seven sourced figures, re-checked on 14 November 2026, show what is happening to household money in Ghana, from prices and pay to grants, loans, the cedi and savings.
They are the latest official numbers as of the week of 8 to 14 November.
| Number | What it is | Household example |
|---|---|---|
| 5.5% | October year-on-year inflation | GHS 1,000 basket costs about GHS 55 more than a year earlier |
| GHS 255 | Extra monthly take-home on GHS 4,000 basic after the agreed 9% rise, SSNIT and PAYE | GHS 255.15 a month (GHS 226.80 if the rise is 8%) |
| GHS 569 | Average LEAP grant every two months in 2026 | About GHS 9.36 a day per household, six cycles |
| 15.94% | Average commercial-bank lending rate, August 2026 | GHS 1,594 a year on a GHS 10,000 loan |
| GHS 11.69 | Bank of Ghana interbank mid-rate per US dollar, Friday 13 November | A US$100 import costs GHS 1,169 |
| 4.56% | 91-day Treasury bill interest rate, tender 2033 | About GHS 114 over 91 days on GHS 10,000 |
| GHS 1.95 | Energy Sector Shortfall and Debt Repayment Levy per litre of petrol | GHS 39.00 on a 20-litre petrol fill |
Sources as listed below. Transport added 0.73 points to annual inflation after an 8.0% monthly rise in transport prices.
5.5%: October inflation, driven by transport
Year-on-year inflation was 5.5% in October 2026, up from 5.2% in September, according to the Ghana Statistical Service bulletin dated 4 November. A GHS 1,000 basket of the official consumer-price index would have cost about GHS 55 more than a year earlier (StatsGH calculation). Transport did the lifting.
Its contribution to the annual rate rose by 0.73 percentage points, from 0.50 to 1.23, more than double the 0.30-point rise in the headline rate (GSS COICOP Annex 8). Transport prices rose 8.0% in the month (Annex 2). An 8% increase turns a GHS 10.00 fare into GHS 10.80.
Food prices fell 2.0% on the month, and annual food inflation slipped to 2.8%. The other 12 spending categories together contributed about 0.4 points less than in September.
(See StatsGH's 13 November inflation read: https://www.statsgh.com/macroeconomy/ashanti-greater-accra-60-2-percent-ghana-october-2026-inflation-mw2bgcej)
GHS 255: what the agreed 9% public-sector rise leaves after tax
The 2027 Budget Statement, presented on 12 November, says the government and Organised Labour have agreed "an increase of 9 percent in the base pay, effective 1st January 2027", for workers on the Single Spine Salary Structure (paras 664–665). On a basic salary of GHS 4,000 a month, that is a GHS 360 gross rise.
After the 5.5% SSNIT deduction and PAYE at the Ghana Revenue Authority bands in force since 1 September 2026, take-home pay rises by GHS 255.15 a month, or 7.9% (StatsGH calculation). The catch is in the wording. Of the 9%, "1 percentage point has been earmarked to address conditions of service issues".
If that point is not paid to everyone, the same worker would keep GHS 226.80 a month at an 8% rise. The Budget's own target for end-2027 inflation is 8.0% (para 796).
At that target, a 7.9% take-home gain is almost exactly cancelled out. (See StatsGH's pay-rise workings: https://www.statsgh.com/labour-and-jobs/ghana-public-sector-9-percent-pay-rise-ghs4000-keeps-255-2026-11-13)
GHS 569: the LEAP grant, and what the stated GHS 1.1 billion covers
The average Livelihood Empowerment Against Poverty payment is now GHS 569.14 every two months, up 70% from GHS 334.00 in 2024 (para 1420). That is about GHS 9.36 a day for a whole household, assuming six cycles a year (StatsGH calculation). Rates run from GHS 380 to GHS 630 a cycle depending on household size and vulnerability (para 1421).
The Statement "set aside" GHS 1.1 billion for LEAP in 2027 (para 1566). It does not say whether that sum is the whole cash-grant pot. At the 2026 average, and assuming six cycles, the stated allocation covers about 322,000 households.
Paying all 350,000 current beneficiary households for a full year would cost about GHS 1.195 billion, a GHS 95 million gap measured against the stated allocation only. (See StatsGH's LEAP piece: https://www.statsgh.com/public-finance/leap-grant-up-70-percent-ghs569-2027-allocation-covers-322000-homes)
15.94%: the last official average loan rate, from August
The average commercial-bank lending rate was 15.94% in August 2026, according to the Bank of Ghana's Summary of Economic and Financial Data released on 23 September, still the latest table the Bank has published. On a simple-interest basis, a GHS 10,000 loan would cost GHS 1,594 over a year, GHS 821 less than at the August 2025 average of 24.15%. The Budget dates the same 15.94% to October 2026 (para 551).
The Bank of Ghana has not published an October figure; its summary page still lists the September release. Savings deposits paid 4.10% in August, or GHS 410 a year on GHS 10,000 — less than the GHS 550 a GHS 10,000 basket would have cost at October's 5.5% inflation.
The 15.94% is an average across loan books, not a product a customer can request. (See StatsGH's lending-rate note: https://www.statsgh.com/banking-and-finance/ghana-average-lending-rate-15-94-percent-august-ghs10000-loan-2026-11-13)
GHS 11.69: the interbank mid-rate on Friday 13 November
The Bank of Ghana's interbank mid-rate was GHS 11.6900 per US dollar on Friday 13 November 2026 (buy 11.6842, sell 11.6958), the latest print on the daily table. A US$100 import costs GHS 1,169 at that mid-rate. The Budget puts the cedi's depreciation at 10.1% against the dollar in the year to end-October (para 586).
Against the 31 December 2025 mid-rate of GHS 10.4500 in the Bank's historical table, Friday's mid-rate is 10.6% weaker, so the same US$100 import would have cost GHS 1,045 at the turn of the year (StatsGH calculation). A week earlier, on 6 November, the mid-rate was 11.6400, so the cedi was 0.43% weaker on the week.
(See StatsGH's Friday cedi tracker: https://www.statsgh.com/markets/ghana-cedi-1169-week-0-43-percent-weaker-fuel-window-pending-2026-11-13)
4.56%: the 91-day bill still pays less than inflation
Tender 2033, held on 13 November for issue on 16 November, set the 91-day Treasury bill's weighted-average interest rate at 4.5571%, according to Bank of Ghana Notice BG/FMD/2026/55. That is 0.94 percentage points below October inflation of 5.5%. On GHS 10,000, the bill earns about GHS 114 over 91 days, assuming simple interest on a 364-day year (StatsGH calculation).
The rate is almost unchanged from 4.5624% at tender 2032, issued on 9 November. Longer paper still beats prices: the 182-day bill yielded 6.1678% and the 364-day bill 9.4603%, about 4.0 points above inflation.
GHS 1.95: the energy-sector levy on a litre of petrol
The Energy Sector Shortfall and Debt Repayment Levy — the fuel levy Ghanaians call the "dumsor levy" — brought in GHS 11.9 billion in January to October 2026, 36% more than the GHS 8.7 billion programmed for the period (Budget para 597 and Appendix 2B). It is a fixed cedi amount, not a share of the pump price: GHS 1.95 a litre on petrol and GHS 1.93 on diesel, according to the Ministry of Finance's 2025 tax revenue report (Appendix Table 12), which cites the Energy Sector Levies Act, 2025 (Act 1135) as amended by Acts 1141 and 1145.
Those rates are for this levy alone, not the sum of all energy-sector charges. On a 20-litre fill of petrol, that is GHS 39.00 of this levy alone (StatsGH calculation).
A dearer litre does not raise more of it. (See StatsGH's levy claims check: https://www.statsgh.com/public-finance/ghana-dumsor-levy-ghs11-9bn-beats-target-36-percent-fixed-per-litre-fuel-prices-2026-11-14)
Sources
- Consumer Price Index Bulletin, October 2026, Ghana Statistical Service, dated 4 November 2026 (headline 5.5%, September 5.2%, monthly change −0.1%; food y/y 2.8%). https://statsghana.gov.gh/api/minio/file?key=data_statistics%2Feconomic%2FPrice%20Indices%2FCPI%2FConsumer%20Price%20Index%20Bulletin%2FOctober%202026%20CPI%20-%20Bulletin.pdf
- October 2026 CPI COICOP Annexes (Annex 1 headline rates; Annex 2 transport index; Annex 8 contributions), Ghana Statistical Service, 4 November 2026. https://statsghana.gov.gh/api/minio/file?key=data_statistics%2Feconomic%2FPrice%20Indices%2FCPI%2FCPI%20Coicop%20Annexes%2FOctober%202026%20CPI%20COICOP%20Annexes.xlsx
- GSS home indicator card, "Inflation(YoY) 5.5% October 2026 +0.3 pp vs Se[ptember]", re-read 14 November 2026, 06:12 GMT. https://statsghana.gov.gh/
- The 2027 Budget Statement and Economic Policy, Ministry of Finance, presented 12 November 2026: paras 551 and 753 (lending rate), 586 (cedi 10.1% to end-October), 597 and Appendix 2B (Energy Sector Shortfall and Debt Repayment Levy GH¢11,892,675,929 provisional vs GH¢8,734,241,530 programmed, January–October 2026; Appendix 3B is the 2027 revenue table and is not the source of the ten-month outturn), 664–665 (9% base-pay agreement; 1 percentage point earmark), 796 (end-2027 inflation target 8.0%), 819 (compensation GH¢104.1 billion), 1420–1421 (LEAP grant GH¢569.14 and range), 1566 (stated LEAP allocation GH¢1.1 billion). https://mofep.gov.gh/sites/default/files/budget-statements/2027-Budget-Statement-and-Economic-Policy_.pdf
- Pay As You Earn monthly bands, year of assessment 2026, effective 1 September 2026, and SSNIT 5.5% of basic salary, Ghana Revenue Authority, page re-read 14 November 2026, 06:13 GMT ("These rates took effect September 1st, 2026"). https://gra.gov.gh/domestic-tax/tax-types/paye/
- Summary of Economic and Financial Data, September 2026, tables 1 and 3a (average lending rate 15.94% in 2026:08 and 24.15% in 2025:08; savings deposits 4.10%), Bank of Ghana, released 23 September 2026; listing page still shows this as the latest data file, re-checked 14 November 2026, 06:13 GMT. Page: https://www.bog.gov.gh/economic-data/summary-of-economic-and-financial-data/ (redirects to https://www.bog.gov.gh/monetary-policy/summary-of-economic-and-financial-data/) — PDF: https://www.bog.gov.gh/wp-content/uploads/2026/09/Summary-of-Economic-and-Financial-Data-September-2026.pdf
- Daily Interbank FX Rates (13 November 2026: USDGHS buy 11.6842, sell 11.6958, mid 11.6900), Bank of Ghana, re-read 14 November 2026, 06:12 GMT. https://www.bog.gov.gh/treasury-and-the-markets/daily-interbank-fx-rates/
- Historical Interbank FX Rates (31 December 2025 mid 10.4500; 6 November 2026 mid 11.6400; 30 October 2026 mid 11.6200), Bank of Ghana, extract saved 13 November 2026, raw/0805/fx_hist_usd.json. Live ajax to the same table returned HTTP 200 with an empty body on three tries on 14 November 2026, 06:14–06:16 GMT. https://www.bog.gov.gh/treasury-and-the-markets/historical-interbank-fx-rates/
- Notice to Banks and Public No. BG/FMD/2026/55, Results of Tender 2033 held on 13 November 2026 for securities to be issued on 16 November 2026: 91-day interest 4.5571%, 182-day 6.1678%, 364-day 9.4603%, Bank of Ghana, 13 November 2026. The PDF filename is Auctresults-2023.pdf; the notice text is Tender 2033. Page: https://www.bog.gov.gh/gog_auction_results/results-of-gog-tender-2033/ — PDF: https://www.bog.gov.gh/wp-content/uploads/2026/11/Auctresults-2023.pdf
- Treasury Bill Rates (tender 2032, issued 9 November 2026: 91-day interest 4.5624%; 182-day 6.2019%; 364-day 9.4845%), Bank of Ghana, page re-read 14 November 2026, 06:13 GMT (tender 2033 not yet in this table). https://www.bog.gov.gh/treasury-and-the-markets/treasury-bill-rates/
- Annual Tax Revenue Performance Report 2025, Appendix Table 12, second block (Energy Sector Shortfall and Debt Repayment Levy: petrol GH₵1.95 a litre, diesel GH₵1.93 a litre; not the sum of all energy-sector levies), Ministry of Finance, citing the Energy Sector Levies Act, 2025 (Act 1135) as amended by Acts 1141 and 1145. https://mofep.gov.gh/sites/default/files/reports/revenue/2025%20Annual%20Tax%20Revenue%20Performance%20Report.pdf
- National Petroleum Authority latest-news, indicative-prices and price-floor pages, checked 14 November 2026, 06:13 GMT: no 16–30 November 2026 window. https://npa.gov.gh/latest-news/ ; https://npa.gov.gh/indicative-prices/ ; https://npa.gov.gh/price-floor/
- Related StatsGH pieces (live wording governs): https://www.statsgh.com/macroeconomy/ashanti-greater-accra-60-2-percent-ghana-october-2026-inflation-mw2bgcej; pay rise https://www.statsgh.com/labour-and-jobs/ghana-public-sector-9-percent-pay-rise-ghs4000-keeps-255-2026-11-13; LEAP https://www.statsgh.com/public-finance/leap-grant-up-70-percent-ghs569-2027-allocation-covers-322000-homes; lending https://www.statsgh.com/banking-and-finance/ghana-average-lending-rate-15-94-percent-august-ghs10000-loan-2026-11-13; cedi tracker https://www.statsgh.com/markets/ghana-cedi-1169-week-0-43-percent-weaker-fuel-window-pending-2026-11-13; dumsor/ESSDRL levy https://www.statsgh.com/public-finance/ghana-dumsor-levy-ghs11-9bn-beats-target-36-percent-fixed-per-litre-fuel-prices-2026-11-14