Dr. Alhassan Iddrisu
The producer inflation in rose to 4.0 percent in July 2026, up from 3.5 percent recorded in June, the Ghana Statistical Service (GSS) has reported.
The latest Producer Price Index (PPI) report, presented by the Government Statistician, Dr. Alhassan Iddrisu, shows that producer prices increased by 2.0 percent between June and July 2026, which indicates a renewed increase in the prices received by domestic producers for goods and services.
He said the 4.0 percent year-on-year increase meant that, on average, producer prices in July 2026 were 4.0 percent higher than they were in July 2025.
According to him, the increase was driven largely by developments in the industrial sector, with industry excluding construction recording producer inflation of 5.6 percent, compared with 3.3 percent in June.
The Government Statistician indicated that the industrial sector also recorded a 4.0 percent month-on-month increase in producer prices during July.
Within the major sectors, mining and quarrying recorded year-on-year inflation of 3.5 percent, while manufacturing recorded 3.7 percent, the report noted.
Dr. Iddrisu disclosed that electricity and gas recorded one of the highest rates at 13.3 percent, up from 12.5 percent in June.
According to him, water supply, sewerage and waste management recorded 10.1 percent, while construction recorded 4.8 percent.
The services sector, meanwhile, recorded a relatively lower producer inflation rate of 2.5 per cent in July, up marginally on the previous month. Its producer prices increased by 0.2 per cent month-on-month, he said.
The GSS data also showed significant variations among specific industries.
In manufacturing, fabricated metal products, excluding machinery and equipment, recorded the highest inflation rate at 25.9 percent, followed by leather and related products at 17.4 percent.
Manufacture of food products recorded producer inflation of 8.8 percent, while furniture manufacturing recorded 9.3 percent.
In the construction sector, the data showed the construction of buildings recorded inflation of 7.9 percent, compared with 3.5 percent for civil engineering and 4.3 percent for specialised construction activities.
Within civil engineering, construction of utility projects recorded the highest year-on-year inflation rate of 21.7 percent, while construction of roads and railways remained at 3.5 percent.
The transport and storage sector recorded producer inflation of 10.1 percent, with land transport recording a significantly higher rate of 23.4 percent.
Accommodation and food services also remained under pressure, recording producer inflation of 9.9 percent. Food and beverage service activities recorded 6.9 percent, while accommodation recorded 10.5 percent.
The GSS said the July PPI figures were provisional and could be revised as additional data became available.
By Ernest Kofi Adu