August Producer Price Inflation drops to 3%
By Nii Trebi Hammond
Ghana’s year-on-year Producer Price Inflation (PPI) fell to 3.0 per cent in August 2025, the lowest level recorded since November 2023.
This represents a 0.6 percentage point decline from the 3.6 per cent rate registered in July.
The latest figures, released by the Ghana Statistical Service (GSS), show that on average, the ex-factory prices of goods and services rose by 3.0 per cent between August 2024 and August 2025.
The August outcome also marks the seventh consecutive month of decline in producer inflation.
On a month-on-month basis, producer prices increased by 2.1 per cent from July to August 2025.
The decline was largely influenced by the manufacturing sub-sector, which carries a 35 per cent weight in the PPI. Inflation in the sector eased from 3.2 per cent in July to 1.6 per cent in August, contributing significantly to the overall slowdown.
Meanwhile, inflation in the Mining and Quarrying sector, the largest component of the PPI with a 43.7 per cent weight, inched up slightly from 4.6 per cent to 4.9 per cent during the same period.
The accommodation and food services sector continued to record negative inflation, dropping further from minus 2.7 per cent in July to minus 3.1 per cent in August.
The GSS urged businesses to take advantage of the declining cost pressures by reducing expenses, improving profit margins, reinvesting in technology and productivity, and strengthening resilience against future economic shocks.
It further advised government to sustain industry support through targeted tax reliefs, infrastructure development and policies that promote domestic production and stronger value chains.
Households, according to the Service, should shop cautiously, compare prices, support businesses that pass on cost savings, and use the current period to plan expenditure and increase savings.
