The year-on-year producer price inflation (PPI) for all goods and services rose to 1.9 per cent in December 2025, according to the Ghana Statistical Service (GSS).
The figure represents an increase of 0.6 percentage points over the November 2025 rate, but a sharp decline of 24.2 percentage points compared with the 26.1 per cent recorded in December 2024.
On a month-on-month basis, producer inflation fell by 0.8 per cent between November and December 2025, indicating that average prices received by producers for goods and services declined over the period.
Sectoral data show that Mining and Quarrying, the largest contributor to the PPI with a weight of 43.7 per cent, recorded a 1.0 percentage point increase in inflation, rising from 2.3 per cent in November 2025 to 3.3 per cent in December 2025.
In contrast, the Manufacturing sector, which accounts for 35 per cent of the PPI basket, saw producer inflation ease from 0.5 per cent in November to 0.1 per cent in December 2025, a decline of 0.4 percentage points.
Producer inflation in the transport and storage sub-sector also continued its downward trend, improving from -10.2 per cent in November 2025 to -3.7 per cent in December 2025.
Recommendations
The GSS advised households and consumers to adopt value-based and price-conscious spending habits, using PPI trends to guide purchasing decisions. It also encouraged consumers to shift consumption toward goods and services with more stable prices in order to protect real incomes.
For businesses, the Service urged improvements in cost efficiency and productivity to sustain operations amid mixed sectoral price pressures. It further recommended that firms reinvest savings from lower input costs, particularly in manufacturing, into technology, skills development and supply-chain resilience.
On the policy front, the GSS called on government to reduce structural production costs by strengthening energy supply, transport infrastructure and logistics systems to support sustained price stability.
