Recent data from the Ghana Statistical Service (GSS) show a slight increase in producer prices in December 2025.

The year-on-year producer price inflation (PPI) stood at 1.9% in December, slightly higher than in November 2025 but significantly lower than in December 2024, indicating a sharp decline over the past year.

However, on a month-on-month basis, prices fell by 0.8% between November and December 2025, meaning producers charged less in December than in the previous month.

According to data from the Ghana Statistical Service (GSS), Mining and Quarrying, the largest sector with a weight of 43.7%, recorded a 1.0 percentage point increase in producer inflation. This was from 2.3% in November 2025 to 3.3% in December 2025.

On the other hand, the Manufacturing sector, which makes up 35% of the PPI weights, decreased from 0.5% in November 2025 to 0.1% December 2025, losing 0.4 percentage points.

Also, the producer inflation in the transport and storage sub-sector continued to fall, declining from -10.2% in November 2025 to -3.7% in December 2025.

GSS Recommendation

GSS advised consumers and households to compare prices during purchases and prioritise value for money. They also mentioned that households use price trends to decide on the times they make purchases by checking when prices of goods and services are more stable, so their income does not lose value.

For businesses, the GSS called for improved cost efficiency and productivity to sustain operations amid mixed sectoral price pressures.

It also wants them to reinvest savings from lower input costs, such as manufacturing, into technology, skills, and supply-chain resilience.

Regarding government, it called for a reduction in structural production costs by strengthening energy supply, transport infrastructure, and logistics systems.

Also, Ghana’s year-on-year Producer Price Inflation (PPI) for all goods and services saw a slight increase in September, marking a 0.2% point increase from the 3.0% recorded in August 2025, the Ghana Statistical

The Statistics Authority says the September PPI stood at 3.2%. Despite the slight increase, it marks a sharp decline of 27.3 percentage points compared to September 2024, when producer inflation was significantly higher.

On a month-on-month basis, producer prices rose by 0.9% between August and September 2025, meaning that on average, producers received 0.9% more for their goods and services than they did the previous month.

The Mining and Quarrying sector, which makes the greatest part of the index, with a 43.7%, saw a modest uptick in its inflation rate from 4.9% in August to 5.0% in September.

Similarly, Manufacturing, which accounts for 35% of the PPI weights, recorded a modest uptick from 1.6% to 1.7% over the same period, marking a 6.25% increase.

However, Transport and Storage prices continued to decline, with inflation in the sector dropping by 8.2% in September, compared to a fall of 8.0% in August 2025.

The GSS urged businesses to cut waste, improve efficiency, and reinvest savings in technology and skills development to stay competitive amid fluctuating prices. It further encouraged firms to transform inflationary pressures into productivity gains.

The agency also advised the government to prioritise tax reliefs, address energy and transport bottlenecks, and strengthen local supply chains to make production cheaper and more efficient.

For households, the GSS recommended smart spending habits, urging consumers to compare prices, buy wisely, and support businesses that pass on cost savings.

“Spend with intention to stretch income and reward fair pricing,” the Service advised.

Meanwhile, Ghana’s Producer Price Inflation (PPI) for June 2025 saw a sharp decline of 5.9%, marking the lowest level since November 2023, according to the Ghana Statistical Service (GSS).

Presenting the data in a press briefing held on Wednesday, July 16, in Accra, Government Statistician Dr. Alhassan Iddrisu indicated that for June alone, there was a deflation of 1.4%, meaning that, on average, producers earned less money for their products than they did in May.

This comes after a drop of 4.2 percentage points, given the 10.1% rate drop in May, indicating a significant drop of 19.7 percentage points compared to June 2024, when it was 25.6%, marking the fifth month in a row that the PPI has gone down.

“Ghana Producer Price inflation fell sharply to 5.9% in June 2025, down from 10.1% in May, a 42 percentage point dip in just a month, marking the fifth straight month of decline and the lowest rate since November 2023,” he announced.

Dr Alhassan Iddrisu attributed the decline to the mining and manufacturing sectors, along with the transport and hospitality sectors.

The mining and quarrying sector, Ghana’s largest contributor to the PPI with a 43.7% weight—saw inflation fall from 13.7% in May to 6.5% in June. Manufacturing, which contributes about 35% of the PPI basket, dipped from 9.8% to 7.6%.