{
  "id": 10890210,
  "title": "Cost of building inflation for August 2026 increases to 4.6% – GSS",
  "url": "https://urgent.news/2026/09/30/cost-of-building-inflation-for-august-2026-increases-to-4-6-gss",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T07:54:49.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/cost-of-building-inflation-for-august-2026-increases-to-4-6-gss/"
  },
  "original_language": "en",
  "account": "The Ghana Statistical Service (GSS) reported on August 2026 that the Combined Prime Building Cost Index (PBCI) experienced a year-on-year increase of 4.6 percent. This index measures the fluctuation in the costs associated with constructing buildings, taking into account factors such as building materials, labor, and equipment.\n\nThe PBCI, which uses 2023 as its base year, is crucial for stakeholders like investors, developers, contractors, and policymakers. It aids in contract negotiations, bid adjustments, budgeting, and monitoring inflation trends within the building sector.\n\nFor August 2026, the PBCI rose from 4.0 percent in July 2026. The Labour group showed a decrease in inflation rate to -2.9 percent, compared to -3.2 percent in the previous month. Meanwhile, the Material group saw an increase to 5.8 percent from 5.1 percent in July 2026.\n\nThe Plant group, however, had a notable decline, with its inflation rate dropping from 18.0 percent to 17.9 percent in August 2026. The highest year-on-year inflation rate within sub-groups was recorded in Plumbing at 26.1 percent, while Steel had the lowest at -8.9 percent. Notably, 14 out of the 23 sub-groups reported an inflation rate above the national average.",
  "summary": "New data released by the Ghana Statistical Service (GSS) has shown that the Combined Prime Building Cost Index (PBCI) which measures how the overall cost of constructing buildings changes over time went up by 4.6 percent year on year for August 2026. The Combined Prime Building Cost Index tracks the prices of key construction inputs […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
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        "published": "2026-09-30T07:46:20.000Z"
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      {
        "outlet": "Joy Business",
        "title": "Cost of building inflation for August 2026 increases to 4.6% – GSS",
        "url": "https://urgent.news/2026/09/30/cost-of-building-inflation-for-august-2026-increases-to-4-6-gss-10895462",
        "published": "2026-09-30T07:54:49.000Z"
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        "url": "https://urgent.news/2026/09/30/us-core-pce-inflation-set-to-rise-in-august-pressuring-the-federal",
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    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}