{
  "id": 1931525,
  "title": "PPI increases to 4.0% in July 2026, indicates moderate strengthening of price pressures",
  "url": "https://urgent.news/2026/08/19/ppi-increases-to-4-0-in-july-2026-indicates-moderate-strengthening-of-1931525",
  "topic": "world",
  "section": "World",
  "published": "2026-08-19T12:19:48.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/ppi-increases-to-4-0-in-july-2026-indicates-moderate-strengthening-of-price-pressures/"
  },
  "original_language": "en",
  "account": "Producer Price Inflation (PPI) reached 4.0% in July 2026, suggesting a moderate increase in producer price pressures according to the Ghana Statistical Service (GSS). This marked a 0.5 percentage point rise from the prior month's 3.5%. However, month-to-month inflation stood at 2.0%. The GSS noted mixed inflation trends across three major sectors throughout the year. Industry (excluding construction) experienced a climb from 3.3% to 5.6%, while services and construction slightly eased, dropping from 2.6% to 2.5% and 4.9% to 4.8% respectively. The Mining and Quarrying sector contributed significantly to the year-on-year growth, soaring from 2.6% to 3.5%. Three groups of industries had inflation rates surpassing the sub-sector average of 3.5%. These included Extraction of Crude and Natural Gas, Other Mining and Quarrying, and Mining Support Service activities. In the construction sector, two sub-sectors posted inflation rates below the 4.8% average - notably, construction of buildings topped the chart at 7.9%, followed by specialized works at 4.3% and civil engineering at 3.5%. For manufacturing, two groups saw deflation. Of the fifteen industries with producer inflation rates exceeding the sub-sector average of 3.7%, seven recorded higher rates in the services sector. For households and consumers, the surge in producer prices could potentially lead to higher retail prices in the future. It is advised to budget carefully for essential services like electricity, water, and transport, sectors where producer pressures remain elevated. Businesses and investors should brace for increased production costs, emphasizing efficiency and strategic pricing, while maintaining adequate inventories of key inputs to mitigate price hikes. The GSS advised the government and policymakers to implement prudent policies to curb cost pressures and foster sustained economic growth. Additionally, supporting sustained growth at lower production costs and enhancing competitiveness is crucial.",
  "summary": "According to the GSS, inflation showed mixed movements across the three broad sectors over the year.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "PPI increases to 4.0% in July 2026, indicates moderate strengthening of price pressures",
        "url": "https://urgent.news/2026/08/19/ppi-increases-to-4-0-in-july-2026-indicates-moderate-strengthening-of",
        "published": "2026-08-19T12:19:48.000Z"
      }
    ]
  },
  "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."
}