The year-on-year producer price inflation (PPI) for all goods and services in Ghana stood at 1.9% in December 2025, according to data from the Ghana Statistical Service (GSS). This represents a 0.6 percentage point increase from November 2025 but remains 24.2 percentage points lower than December 2024.

On a month-on-month (MoM) basis, producer prices for goods and services fell by 0.8% between November and December 2025, indicating a slight decline in average prices during the period.

Sectoral analysis showed mixed trends:

- Mining and Quarrying, the largest sector with a weight of 43.7%, recorded a 1.0 percentage point increase in producer inflation, rising from 2.3% in November 2025 to 3.3% in December 2025.

- Manufacturing, which accounts for 35% of the PPI weights, saw a decline of 0.4 percentage points, falling from 0.5% in November 2025 to 0.1% in December 2025.

- The Transport and Storage sub-sector continued its downward trend, with producer inflation improving from -10.2% in November 2025 to -3.7% in December 2025.

GSS recommendations

The Ghana Statistical Service advised households and consumers to adopt value-based and price-conscious spending, using PPI trends as a guide for purchasing decisions. Consumers were encouraged to adjust their consumption toward more stable-priced goods and services to protect real incomes.

For businesses, the GSS recommended improving cost efficiency and productivity to sustain operations amid mixed sectoral price pressures. It also encouraged firms to reinvest savings from lower input costs, such as in the manufacturing sector, into technology, skills development, and supply-chain resilience.

Regarding government policy, the GSS called for initiatives to reduce structural production costs by strengthening energy supply, transport infrastructure, and logistics systems.