Ghana’s Producer Price Inflation Hits 20-Month Low

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Ghana’s Producer Price Inflation Hits 20-Month Low

Producer Price Inflation (PPI) fell sharply to 3.8% YoY in July 2025, down from 5.8% in June and a steep drop from 29.1% a year ago — marking the lowest level since Nov 2023 and the 6th consecutive monthly decline.

MoM change: Producer prices rose 1.6% between June and July, compared to 3.7% a year earlier.

Sector drivers:

Mining & Quarrying: Inflation down by 1.9pp

Manufacturing: Down by 3.6pp

Transport & Storage: Prices fell 8.1%

Accommodation & Food Services: Prices fell 2.7%

The continued slowdown signals easing cost pressures, with potential relief for consumers if businesses pass on lower costs, said Government Statistician Alhassan Iddrisu.

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