Producer Price Inflation falls to 1.4% in October; mining drives decline
Ghana’s Producer Price Inflation (PPI) dropped sharply to 1.4% in October 2025, down from 3.2% in September.
This marks a 1.8 percentage point decline.
Fresh data from the Ghana Statistical Service (GSS) show that the fall was largely driven by a significant slowdown in the Mining and Quarrying sector, the heaviest component of the index with a weight of 43.7%.
Producer inflation in the sector slid from 5.0% in September to just 0.7% in October, representing a 4.3 percentage point drop.
The Manufacturing sector, which accounts for 35% of the PPI basket, recorded a modest increase from 1.7% to 2.5% though still well below the 22.7% rate seen during the same period last year.
The Transport and Storage subsector continued to post deep negative inflation, falling further from -8.2% to -8.8%, indicating a notable drop in producer prices for October.
The GSS urged businesses to adopt aggressive efficiency strategies, including streamlining operations, cutting waste and boosting productivity to get more value from every cedi spent.
For government, the Service recommended targeted investment support; directing incentives toward firms that expand capacity, modernise technology, and create jobs while also tackling structural constraints in energy, transport, and logistics that keep production costs elevated.
The statistics office also encouraged households to “spend with intention,” by comparing prices, seeking value and patronising sellers who reflect lower input costs in their pricing.
