Ghana’s Producer Price Inflation (PPI), which eased to 18.5% in April 2025, down from 24.4% in March, has been described as a “window for stabilization, investment, and responsible spending.”
With this in mind, the GSS is encouraging business owners to act decisively but strategically. It emphasized that “the rate of increase in prices of domestically produced inputs is going down. This is a good time to review what you’re spending and adjust your prices to attract more customers.”
Businesses that had postponed expansion plans due to soaring production costs are now being urged to reconsider. “With more stable prices, it’s a good time to invest or expand carefully,” the GSS noted, particularly highlighting opportunities for manufacturers and local service providers.
In a further call to action, the GSS recommends strengthening ties with domestic suppliers.
“Try to buy more from local suppliers. It’s often cheaper now, and it helps protect your business from currency or import shocks.” The advice is timely, given the persistent volatility in global commodity markets and the impact of exchange rate fluctuations on imports.
Moreover, the GSS advised businesses to explore more favorable financing terms.
“Begin conversations with your banks to get loans at fairer and better rates, given the declining producer price inflation,” the Service stated, pointing to a likely softening of credit conditions in response to easing inflationary pressures.
With most sectors experiencing price stability or modest declines, the broader economic outlook appears cautiously optimistic. The Ghana Statistical Service affirms its commitment to tracking price trends closely and providing timely updates to aid public, private, and policy decision-making.
For now, falling producer price inflation offers a breath of relief and a rare moment of opportunity for Ghanaian businesses ready to recalibrate, reinvest, and reprice for a more competitive edge.
