Ghana’s producer price inflation rose to 4.4% in August 2026, up from 4.0% in July, driven largely by renewed price pressures in the mining and quarrying sector.
The figures were presented by the Government Statistician, Dr Alhassan Idrissu, on Wednesday, September 16, 2026, as part of the Ghana Statistical Service’s release of the August Producer Price Index (PPI).
The latest data show that prices received by producers for their goods and services were, on average, 4.4% higher in August 2026 than in the same month of 2025.
Producer prices also increased by 2.5% between July and August, compared with a 2.0% rise in July.
“Producer prices rose by 2.5% in just one month, and mining and quarrying was the main reason,” Dr Idrissu said during the presentation.
Mining and quarrying, which accounts for 43.7% of the PPI basket, recorded year-on-year inflation of 4.9% in August, up from 3.5% in July.
The sector contributed 2.1 percentage points to overall producer price inflation, making it the main driver of the latest increase.
Within mining, crude oil and natural gas recorded inflation of 12.9%, while electricity and gas recorded inflation of 12.3%, although the latter was lower than the 13.3% recorded in July.
Industry excluding construction recorded the highest broad sector year-on-year inflation, rising from 5.6% in July to 6.3% in August. Prices in the sector increased by 3.1% during the month.
Manufacturing inflation stood at 3.6%, with leather and related products recording inflation of 17.4%, while non-metallic mineral products recorded negative inflation of 2.4%.
Construction inflation eased to 4.5%, with prices falling by 0.2% over the month. Services inflation also slowed to 1.8%, as prices declined by 0.3%.
Dr Idrissu said producer inflation remained moderate, although the renewed monthly pressure required attention.
“Policymakers should closely monitor mining, energy, and other emerging cost pressures,” he said.
He also urged businesses to strengthen cost control, productivity and supply chain management, while advising consumers to remain price conscious.
“Sustained increases in producer costs can eventually affect prices in the marketplace,” Dr Idrissu cautioned.
