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    Home»News»Producer Price Inflation rises slightly to 3.2% in September
    News

    Producer Price Inflation rises slightly to 3.2% in September

    MGD NewsBy MGD NewsOctober 23, 2025No Comments2 Mins Read
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    The Ghana Statistical Service (GSS) has reported that producer price inflation (PPI) for all goods and services stood at 3.2% in September 2025.

    This marks a 0.2 percentage point rise from the 3.0% recorded in August 2025, but a sharp drop of 27.3 percentage points compared to the 30.5% recorded in September 2024, when producer inflation was much higher.

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    On a month-on-month basis, producer prices increased by 0.9% between August and September 2025, indicating that producers, on average, received 0.9% more for their goods and services than in the previous month.

    The Mining and Quarrying sector, which holds the largest weight in the PPI basket (43.7%), recorded a slight uptick in its inflation rate , rising from 4.9% in August to 5.0% in September.

    The Manufacturing sector, which represents 35% of the Producer Price Index (PPI) basket, recorded a slight increase in inflation from 1.6% in August to 1.7% in September 2025.

    In contrast, the Transport and Storage sector continued its downward trend, with prices falling by 8.2% in September, compared to a decline of 8.0% in August.

    The Ghana Statistical Service (GSS) has urged businesses to reduce waste, enhance efficiency, and reinvest savings in technology and workforce development to remain competitive amid changing price conditions. The Service further encouraged firms to convert inflationary pressures into productivity improvements.

    It also advised government to implement tax reliefs, resolve energy and transport challenges, and strengthen local supply chains to make production more affordable and sustainable.

    For households, the GSS recommended smart spending practices, advising consumers to compare prices, shop wisely, and support businesses that reflect fair pricing.

    “Spend with intention to stretch income and reward fair pricing,” the Service emphasize

    Source: myghanadaily

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