The year-on-year producer price inflation (PPI) for all goods and services stood at 3.2% in September 2025, according to the Ghana Statistical Service (GSS).
This represents a 0.2 percentage point increase from the 3.0% recorded in August 2025, but a sharp decline of 27.3 percentage points compared to September 2024, when producer inflation was significantly higher.
On a month-on-month basis, producer prices rose by 0.9% between August and September 2025, meaning that on average, producers received 0.9% more for their goods and services than they did the previous month.
The Mining and Quarrying sector — which carries the largest weight in the PPI basket (43.7%) — saw a marginal increase in its inflation rate from 4.9% in August to 5.0% in September.
Similarly, Manufacturing, which accounts for 35% of the PPI weights, recorded a modest uptick from 1.6% to 1.7% over the same period.
In contrast, Transport and Storage prices continued to decline, with inflation in the sector dropping by 8.2% in September, compared to a fall of 8.0% in August 2025.
The GSS urged businesses to cut waste, improve efficiency, and reinvest savings in technology and skills development to stay competitive amid fluctuating prices. It further encouraged firms to transform inflationary pressures into productivity gains.
The agency also advised government to prioritize tax reliefs, address energy and transport bottlenecks, and strengthen local supply chains to make production cheaper and more efficient.
For households, the GSS recommended smart spending habits, urging consumers to compare prices, buy wisely, and support businesses that pass on cost savings.
Spend with intention to stretch income and reward fair pricing,” the Service advised.
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