Dr. Alhassan Iddrisu
Producer price inflation edged up to 1.9 percent in December 2025, reflecting higher prices received by domestic producers compared to the same period last year, the Ghana Statistical Service (GSS) has announced.
The latest figure represents an increase from 1.3 percent recorded in November 2025, but remains significantly lower than the rate registered in December 2024, which underscores a sharp easing in inflationary pressures at the production level over the past year.
According to GSS, the Producer Price Index (PPI), which measures average changes in prices received by producers at the factory gate, stood at 266.0 in December 2025.
This compares with 268.1 in November 2025 and 261.1 in December 2024. On a month-on-month basis, the producer prices declined by 0.8 percent, indicating that average prices received by producers fell between November and December.
The rise in year-on-year inflation was driven largely by the mining and quarrying sector, which carries the highest weight in the PPI basket at 43.7 percent.
Inflation in the sector increased from 2.3 percent in November to 3.3 percent in December, contributing 1.0 percentage point to the overall inflation rate.
The electricity and gas sector also recorded a notable increase, with inflation rising from 4.0 percent to 6.1 percent, while the construction sector saw inflation climb from 0.7 percent to 1.9 percent over the same period.
In contrast, inflation in the manufacturing sector, which accounts for 35 percent of the PPI weight, declined from 0.5 percent in November to 0.1 percent in December, reducing its contribution to overall producer inflation.
The transportation and storage sub-sector continued its downward trend, although at a slower pace, improving from -10.2 percent to -3.7 percent year-on-year.
On a monthly basis, the overall decline in producer prices was driven mainly by reductions in mining and manufacturing prices, while modest increases were recorded in services such as transport, accommodation, and construction.
Presenting the data in Accra yesterday, the Government Statistician, Dr. Alhassan Iddrisu, noted that the mixed sectoral performance highlights both easing cost pressures and persistent vulnerabilities within key production areas.
The GSS advised households to adopt price-conscious consumption patterns, while urging businesses to improve efficiency and reinvest savings from lower input costs.
The Government was also encouraged to reduce structural production costs through improvements in energy supply, transport infrastructure, and logistics systems.
By Ernest Kofi Adu