{
  "id": 11138098,
  "title": "Building cost inflation rises to 4.6% in August",
  "url": "https://urgent.news/2026/10/01/building-cost-inflation-rises-to-4-6-in-august",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T07:46:12.000Z",
  "source": {
    "name": "Ghanaian Times",
    "slug": "ghanaian-times",
    "url": "https://ghanaiantimes.com.gh/building-cost-inflation-rises-to-4-6-in-august/"
  },
  "original_language": "en",
  "account": "Ghana's building cost inflation rose to 4.6% year-on-year in August, according to the Ghana Statistical Service (GSS). This increase was driven primarily by materials, which accounted for 96.5% of the upward contribution to the headline rate, with a year-on-year inflation rate of 5.8%. Plant costs, representing just four percent of the basket, had a higher inflation rate of 17.9%, but still contributed 15.6% to the overall inflation rate. Labour costs provided relief to builders and contractors, with prices falling by 2.9% compared to the previous month. Despite the rise in the annual rate, building cost inflation remained relatively low, with significant differences in price movements across construction inputs. Steel prices fell by 8.9%, cement by 7.1%, and fine aggregate by 5.1% over the period, providing some relief for construction costs.",
  "summary": "Ghana’s year-on-year building cost inflation inched up to 4.6 per cent in August from 4.0 per cent in July, the Ghana Statistical Service (GSS) has announced. The increase was largely driven by materials, which dominate the Prime Building Cost Index and Inflation (PBCI), and recorded a year-on-year inflation rate of 5.8 per cent in August. … The post Building cost inflation rises to 4.6% in…",
  "key_points": [
    "Ghana's building cost inflation rose to 4.6% in August",
    "Materials drove inflation, accounting for 96.5% of the increase",
    "Labour costs fell by 2.9%, providing relief to builders"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}