Image of Government Statistician Dr. Alhassan Iddrisu

The Ghana Statistical Service has released the latest data on producer price inflation which has seen a consistent decline for seven months in a row. PPI recorded for August 2025 went up by 3% which represents a marginal drop from 3.6% in July this year. According to GSS, August PPI is the lowest recorded since November 2023; 30.2 percentage points lower than the August 2024 producer inflation rate.

Mining and Quarrying, the largest industrial sector with a weight of 43.7% recorded a 0.3 percentage point increase in inflation from 4.6% in July to 4.9% in August. Manufacturing on the other hand saw a 1.6 percentage point decrease from 3.2% in July to 1.6% in August while Electricity and Gas increased from 6.7% in July to 6.9% in August showing an increase in power production to support growth. The national statistics bureau further explained, producer inflation decline was mainly driven by the manufacturing sub-sector however prices in the accommodation and food services sectors continued to fall from -2.7% in July to -3.1% in August.

Despite the consistent drop in producer inflation, there have been concerns from a section of the public that prices of some items on the market have remained high therefore consumers are encouraged to “shop carefully, compare prices, and support businesses that pass on cost savings”, while businesses ought to leverage the lower inflation to cut costs, improve margins and reinvest in productivity and technology in order to withstand future shocks.