Ghana’s Producer Price Inflation Drops to 24.4% in March 2025

• Apr 17, 2025

Ghana's Producer Price Inflation (PPI) fell to 24.4% in March 2025, down from 27.6% in February, according to new data from the Ghana Statistical Service (GSS). This decrease marks a 3.2 percentage point drop, with a slight month-on-month change of 0.6%.

The decline in PPI shows varying trends across different sectors. The Mining and Quarrying sector saw the highest inflation at 35.4%, although this represented a sharp decrease from 43.7% in February. The Manufacturing sector followed with an inflation rate of 22.8%, up from 20.8% the previous month.

Other sectors also experienced changes. The Information and Communication sector had the lowest inflation at 4.1%, a slight drop from 4.2% in February. Meanwhile, the Construction sector saw a decrease to 15.4% from 15.8%, and Accommodation and Food Services also eased to 7.2% from 7.8%.

The PPI is an important economic indicator that tracks the average change over time in prices received by domestic producers for their goods and services. It helps provide a clear picture of price trends across different industries, including Mining and Quarrying, Manufacturing, Construction, Electricity and Gas, Water Supply, Transport and Storage, Accommodation and Food Services, and Information and Communication.

Overall, while the reduction in the PPI signals a slowdown in inflation, there are mixed results across various sectors, indicating ongoing economic complexities in the country.