Ghana’s Producer Price Inflation (PPI) fell sharply in July 2025
Ghana’s Producer Price Inflation (PPI) fell sharply in July 2025, dropping to 3.8% from 5.8% in June 2025, according to the latest data from the Ghana Statistical Service (GSS).
This marks the sixth consecutive monthly decline in producer inflation and signals a cooling of price pressures at the factory gate.
The GSS data showed that producer prices rose by 1.6% between June and July 2025, meaning that, on average, the prices received by producers for their goods and services increased by 1.6% in July compared to June.
The mining and quarrying sector, Ghana’s largest with a weight of 43.7%, saw inflation fall by 1.9 percentage points, from 6.5% in June to 4.6% in July 2025.
Inflation declines further to 12.1% in July 2025
Manufacturing, which accounts for 35% of the PPI, eased from 7.2% to 3.6%, shedding 3.6 percentage points.
The decline in producer inflation could provide a potential boost to the broader economy.
According to the Statistical Service, reduced input costs for producers could eventually translate into lower consumer prices if the reductions are passed along the supply chain.
SP/MA