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The year-on-year Producer Price Inflation (PPI) for all goods and services in Ghana stood at 3.2% in September 2025, according to the latest data released by the Ghana Statistical Service (GSS).
This marks a 0.2 percentage point increase from the 3.0% recorded in August 2025. However, it reflects a sharp decline of 27.3 percentage points compared to the same period in 2024, when producer inflation was significantly higher.
On a month-on-month basis, producer prices rose by 0.9% between August and September 2025, indicating that, on average, producers received 0.9% more for their goods and services than they did in the previous month.
Sector Breakdown
The Mining and Quarrying sector, which carries the largest weight in the PPI basket (43.7%), saw a marginal rise in inflation from 4.9% in August to 5.0% in September.
Similarly, the Manufacturing sector, accounting for 35% of the PPI weight, recorded a modest increase from 1.6% to 1.7% during the same period.
In contrast, the Transport and Storage sector continued its downward trend, with inflation declining by 8.2% in September, following an 8.0% drop in August 2025.
GSS Recommendations
The GSS urged businesses to cut waste, improve efficiency, and reinvest savings in technology and skills development to maintain competitiveness amid fluctuating prices. The agency further encouraged firms to transform inflationary pressures into productivity gains.
For policymakers, the Service advised the government to prioritize tax reliefs, address energy and transport bottlenecks, and strengthen local supply chains to make production cheaper and more efficient.
To households, the GSS recommended smart spending habits, encouraging consumers to compare prices, make informed purchases, and support businesses that pass on cost savings.
“Spend with intention to stretch income and reward fair pricing,” the Service advised.
