Producer price inflation slowed marginally to 1.3 per cent in November 2025, down from 1.4 per cent in October, according to the latest data from the Ghana Statistical Service (GSS).
The 0.1 percentage-point decline confirms a continued easing of cost pressures at the factory gate. On a year-on-year basis, ex-factory prices rose by an average of 1.3 per cent between November 2024 and November 2025, a rate that is 25.7 percentage points lower than that recorded a year earlier.
GSS attributed the moderation in producer inflation to a 1.9 per cent month-on-month fall in producer prices between October and November 2025, indicating that producers, on average, charged lower prices in November
The overall trend masked divergent movements across major sectors. Mining and quarrying, the largest sector with a weight of 43.7 per cent, saw producer inflation rise from 0.7 per cent in October to 2.3 per cent in November, a 1.6 percentage-point increase. By contrast, inflation in the manufacturing sector, which carries 35 per cent of the PPI weight, fell sharply from 2.5 per cent to 0.5 per cent over the same period, a 2.0 percentage-point drop.
Producer inflation in the transport and storage sub-sector remained in negative territory, slipping further from -8.8 per cent in October to -9.0 per cent in November.
Within manufacturing, price developments were uneven. Ten of the 23 major manufacturing groups recorded inflation above the sector’s average of 0.5 per cent. The steepest increases were in the manufacture of leather and related products, which registered inflation of 35.0 per cent, followed by textiles at 26.5 per cent. In contrast, prices in the manufacture of coke and refined petroleum products fell, with the sub-sector posting a contraction of 12.5 per cent.
Story by: Mercy Addai Turkson #ahotoronline.com