Producer Price Inflation Dips to 3% in August
Ghana’s year-on-year producer price inflation fell to 3 per cent in August, down from 3.6 per cent in July, marking the lowest reading since November 2023 and extending a seven-month run of declines.
The data from the Ghana Statistical Service (GSS) show that on average, the ex-factory price of goods and services increased by 3 per cent between August 2024 and August 2025. Month-on-month, producer prices rose by 2.1 per cent.
The decline was led by manufacturing, which accounts for 35 per cent of the index and saw inflation more than halve to 1.6 per cent from 3.2 per cent in July. Accommodation and food services also extended their deflationary trend, with prices falling 3.1 per cent after a 2.7 per cent decline in July.
By contrast, inflation in mining and quarrying, the single largest component with a weight of 43.7 per cent, edged higher to 4.9 per cent from 4.6 per cent.
The GSS said the easing cost pressures should allow firms to cut operating costs, improve margins and reinvest in technology and productivity.
The Statistical Service urged policymakers to sustain targeted tax reliefs and infrastructure spending to strengthen domestic supply chains, while advising households to use the period of relatively stable prices to plan expenditure and build savings.
