Latest figures from the Ghana Statistical Service (GSS) indicate that Producer Price Inflation (PPI) climbed to 1.9 per cent year-on-year in December 2025, up from 1.3 per cent in November.
This December reading captures the change in prices producers received compared to the same month in 2024. Even with the yearly uptick, producer prices dipped 0.8 per cent month-on-month, signalling lower average factory-gate prices from November to December.
Mixed Sectoral Performance
Sector breakdowns show varied movements. Industrial producer inflation rose to 2.1 per cent from 1.6 per cent, pointing to modest cost increases in manufacturing, mining, and utilities by year-end.
Mining and quarrying led the charge, with inflation jumping to 3.3 per cent from 2.3 per cent. Manufacturing inflation cooled sharply to 0.1 per cent from 0.5 per cent, while transport and storage prices stayed in deflation territory, though the decline eased.
The services sector posted a milder 0.6 per cent annual inflation rate, with a slight 0.2 per cent month-on-month gain.
Broader Economic Context
This tame PPI reading fits Ghana’s ongoing disinflation trend. Earlier this month, Government Statistician Dr. Alhassan Iddrisu reported consumer inflation hitting a multi-year low of 5.4 per cent.
Analysts view the softening producer pressures as a boon for 2026 price stability, as cheaper factory inputs typically steady consumer costs. Factors like cedi stability, stronger local output, and easing global commodity prices fuel this momentum.
Story by: Mercy Addai Turkson #ahotoronline.com