Ghana’s Producer Price Inflation Falls to 1.4% in October as Mining Sector Leads Decline

 

Ghana’s Producer Price Inflation (PPI) sharply dropped to 1.4% in October 2025, down from 3.2% in September, marking a 1.8 percentage point decrease.

According to fresh data from the Ghana Statistical Service (GSS), this fall was largely fueled by a significant slowdown in the Mining and Quarrying sector, the largest component of the index at 43.7%. Inflation in this sector plunged from 5.0% in September to just 0.7% in October, a decline of 4.3 percentage points.

Meanwhile, the Manufacturing sector, which makes up 35% of the PPI basket, experienced a slight rise from 1.7% to 2.5%, though it remains far below last year’s 22.7% rate for the same period. The Transport and Storage subsector posted deeper negative inflation, slipping from -8.2% to -8.8%, highlighting a further drop in producer prices.

The GSS encouraged businesses to improve efficiency by streamlining operations, reducing waste, and enhancing productivity to maximize value. For the government, the agency recommended targeted investment incentives for firms that expand capacity, upgrade technology, and generate jobs, while addressing energy, transport, and logistics challenges that keep production costs high.

 

Households were advised to “spend with intention” by comparing prices, seeking value, and supporting sellers who offer lower prices reflective of reduced input costs.

by: Mercy Addai Turkson #ahotoronline.com

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