Economy & Markets
5 min read
Ghana Producer Price Inflation Reaches 1.9% in December 2025
GhanaWeb
January 21, 2026•1 day ago

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Ghana's Producer Price Inflation (PPI) rose to 1.9% in December 2025, up from 1.3% in November. This increase was primarily driven by the Mining and Quarrying sector. The Manufacturing sector saw a slight decrease in producer inflation, while Transport and Storage continued to experience negative inflation. Businesses are urged to improve efficiency, and the government is called upon to reduce structural production costs.
Ghana’s Producer Price Inflation (PPI) increased marginally from 1.3% in November 2025 to 1.9% in December 2025, representing a 0.6 percentage point rise.
PPI measures the average change over time in the selling prices received by domestic producers for their goods and services, capturing inflation at the wholesale level from the seller’s perspective.
Fresh data from the Ghana Statistical Service (GSS) show that the increase was largely driven by a significant rise in the Mining and Quarrying sector, the heaviest component of the index with a weight of 43.7%.
Producer inflation in the sector rose from 2.3% in November 2025 to 3.3% in December 2025, marking a 1 percentage point increase.
Producer Price Inflation drops sharply from 18.5% in April to 10.25% in May
The Manufacturing sector, which accounts for 35% of the PPI basket, recorded a decline from 0.5% in November 2025 to 0.1% in December 2025, shedding 0.4 percentage points.
Meanwhile, the Transport and Storage subsector continued to post negative inflation, improving slightly from -10.2% in November 2025 to -3.7% in December 2025.
The GSS urged businesses to improve cost efficiency and productivity to sustain operations amid mixed sectoral price pressures.
It also called on the government to reduce structural production costs by strengthening energy supply, transport infrastructure, and logistics systems.
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