The year-on-year producer price inflation (PPI) for all goods and services was recorded at 3.2% in September 2025, as reported by the Ghana Statistical Service (GSS).
This marks a 0.2 percentage point rise from the 3.0% noted in August 2025, yet it reflects a significant decrease of 27.3 percentage points in comparison to September 2024, when producer inflation was considerably higher.
On a month-to-month basis, producer prices increased by 0.9% from August to September 2025, indicating that, on average, producers earned 0.9% more for their goods and services than in the preceding month.
The Mining and Quarrying sector — which holds the largest share in the PPI basket at 43.7% — experienced a slight rise in its inflation rate from 4.9% in August to 5.0% in September.
Likewise, the Manufacturing sector, which constitutes 35% of the PPI weights, saw a small increase from 1.6% to 1.7% during the same timeframe.
Conversely, prices in the Transport and Storage sector continued to decrease, with inflation in this area falling by 8.2% in September, compared to an 8.0% decline in August 2025.
The GSS urged businesses to minimize waste, enhance efficiency, and reinvest savings into technology and skills development to maintain competitiveness in the face of fluctuating prices. It also encouraged companies to convert inflationary challenges into productivity improvements.
The agency further recommended that the government focus on tax reliefs, tackle energy and transport challenges, and bolster local supply chains to reduce production costs and enhance efficiency.
For households, the GSS advised adopting prudent spending practices, encouraging consumers to compare prices, make informed purchases, and support businesses that offer cost savings.
“Spend with intention to stretch income and reward fair pricing,” the Service recommended.
