Guinea's annual consumer inflation rose to 6.4% in July 2026 from 6.1% in June, national statistics institute INS said. Food and non-alcoholic beverages, which account for 39% of the consumer price index, cost 13.5% more than a year earlier. Housing, water, gas, electricity and other fuel prices, by contrast, fell 1.1%, the agency said.
Analysis: Inflation has climbed from 5.8% in March, central bank BCRG figures show. Food accounted for the entire 0.7% month-on-month increase in July, with other categories broadly unchanged, pointing to food supply pressures rather than stronger demand across the economy. The BCRG has cited bottlenecks at Conakry port and the conflict in the Middle East. Food importers and retailers typically face higher replacement costs, while employers may encounter wage demands. The BCRG expects fourth-quarter inflation of 6.8%. INS's August figures, expected in November, should indicate whether food inflation is still accelerating.
Source: Institut National de la Statistique (INS), Ministère du Plan, INS, Indice national harmonisé des prix à la consommation (INHPC) - Juillet 2026, July 2026; Institut National de la Statistique (INS), Ministère du Plan, INS, INHPC - Juillet 2026, July 2026; Institut National de la Statistique (INS), Ministère du Plan, INS, Indice national harmonisé des prix à la consommation (INHPC) - Juin 2026, June 2026; Banque Centrale de la République de Guinée (BCRG), BCRG, Communiqué de presse, 22ème réunion ordinaire du Comité de Politique Monétaire, 18 septembre 2026, March 2026; Banque Centrale de la République de Guinée (BCRG), BCRG, Communiqué, 22ème CPM, 18 septembre 2026, 2026 (projection)