The year-on-year producer price inflation (PPI) for all goods and services was 1.9% in December 2025.
This was 0.6 percentage points higher than the November 2025 producer inflation rate, but 24.2 percentage points lower than the December 2024 producer inflation rate. On a month-on-month (MoM) basis, the rate between November and December 2025 was -0.8%. Thus, on average, producers’ prices for goods and services decreased by 0.8% in December compared to November 2025.
According to data from the Ghana Statistical Service (GSS), Mining and Quarrying, the largest sector with a weight of 43.7%, recorded a 1.0 percentage point increase in producer inflation. This was from 2.3% in November 2025 to 3.3% in December 2025.
On the other hand, the Manufacturing sector which makes up 35% of the PPI weights, decreased from 0.5% in November 2025 to 0.1% December 2025, losing 0.4 percentage points. Also, the producer inflation in the transport and storage sub-sector continued to fall, declining from -10.2% in November 2025 to -3.7% in December 2025.
Recommendation
The GSS urged household and consumers to practice value-based and price-conscious spending, using PPI trends to guide purchasing decisions. It also advice them to adjust consumption choices toward more stable-priced goods and services to protect real incomes. For businesses, the GSS called for improve cost efficiency and productivity to sustain operations amid mixed sectoral price pressures. It also wants them to re-invest savings from lower input costs such as manufacturing into technology, skills, and supply-chain resilience.
Regarding government, it called for reduction in structural production costs by strengthening energy supply, transport infrastructure, and logistics systems.
