Producer price inflation increases to 4.8% in September 2026

In September 2026, the Producer Price Inflation (PPI) in Ghana surged to 4.8%, marking a 0.4 percentage point increase from the previous month. This rise was driven by significant fluctuations across various sectors. Mining and Quarrying emerged as the leading sector with the highest index levels, climbing from 360.5 to 380.4, while the Extraction of Crude Oil and Natural Gas experienced an inflation rate of 18.35%.

Conversely, the Mining of Metal Ores sub-sector saw a sharp decline, dropping from -0.4% to -2.3% in the same period. Manufacturing also saw an increase from 258.7 to 270.5, with notable variations among sub-sectors. Leather and related product manufacturing recorded the highest inflation rate at 15.8%, followed by fabricated metal products at 14.3%.

Meanwhile, the Manufacture of other non-metallic mineral products experienced deflation of 1.1%. The Electricity, Gas, Steam and Air Conditioning Supply Index rose from 218.5 to 239.8, with Electric Power Generation, Transmission, and Distribution recording the highest inflation rate at 10.2%. The Construction Producer Price Index (C-PPI) and the Services Producer Price Index (S-PPI) both recorded inflation rates of 4.7% and 1.4%, respectively.

The Ghana Statistical Service advised Ghanaian consumers to prioritize essential expenditure and adopt energy- and water-saving practices to navigate the rising prices.