Building Inflation Holds at 2.2% in April 2026
Ghana’s building inflation rate remained stable at 2.2 percent in April 2026, according to the latest Prime Building Cost Index and Inflation report released by the Ghana Statistical Service.
Speaking at the release of the report, Government Statistician Dr. Alhassan Idrissu said the Prime Building Cost Index for April 2026 stood at 136.1, compared to 133.2 recorded in April 2025.
“For April 2026, the index stood at 136.1 compared to 133.2 in April 2025, translating into a year on year inflation rate of 2.2 percent,” he said.
He noted that on a month-on-month basis, inflation increased by 1.5 percent between March and April 2026.
Dr. Idrissu noted that while prices in the construction sector continue to rise, the pace of increase has slowed significantly compared to the previous year.
“This is a significant decline from the 24.4 percent recorded in April 2025. It shows that although prices are still rising, they are rising much more slowly than they did a year ago,” he said.
According to the report, materials inflation rose marginally from 2.3 percent in March to 2.4 percent in April 2026. Labour inflation, however, slowed from 1.6 percent to 1.0 percent over the same period, while plant inflation, which covers equipment and small tools, increased from 2.6 percent to 4.7 percent.
At the subgroup level, glazing recorded the highest inflation rate at 16.2 percent, followed by plumbing at 14.5 percent, roofing sheets at 13 percent, and electrical works at 11.5 percent.
Meanwhile, cement recorded the lowest inflation rate at negative 11.2 percent. Fine aggregate followed at negative 8.7 percent, while coarse aggregate and bathroom accessories each recorded negative 3.9 percent. Steel also declined by negative 3.6 percent.
Dr. Idrissu said the data suggests a broad easing in prices for some key construction inputs compared to the same period last year.
The report further showed that electrical works was the largest driver of overall building inflation, contributing 52.8 percent, followed by glazing at 37.4 percent, metal works at 23 percent, plumbing at 22.3 percent, and tiles at 17.8 percent.
He explained that inflationary pressures in the sector are increasingly concentrated in selected finishing materials rather than across the board.
“What we are observing is that inflationary pressures are increasingly concentrated in finishing works within the building sector,” he said.
