Ghana’s producer price inflation slowed to 3.5% in June 2026, down from 5.8% in May, as a sharp decline in mining and quarrying prices helped reduce overall cost pressures for businesses, the Ghana Statistical Service (GSS) has reported.
The slowdown was largely driven by the mining and quarrying sector, which recorded a significant drop in inflation during the month. Inflation in the sector declined from 11.0% in May to 2.6% in June, representing an 8.4 percentage point decrease. The GSS said this drop was the “main reason” producer inflation eased, as mining prices fell after recording stronger increases in previous months.
Other sectors recorded mixed trends. Industry excluding construction inflation eased from 6.0% in May to 3.3% in June, reflecting lower price pressures in manufacturing. Meanwhile, construction inflation increased slightly from 4.3% to 4.6%, while services inflation rose from 1.8% to 2.5% during the same period.
Despite the overall slowdown, some areas continued to push up costs for producers. Electricity and gas prices rose, while water supply and waste management costs remained elevated. Transport costs also increased, with land transport recording continued price pressures.
The accommodation and food services sector recorded one of the largest increases during the month, with inflation rising from 2.9% in May to 10.8% in June, primarily driven by higher accommodation costs, which increased to 11.6%.
The information and communication sector remained relatively stable, although some segments within the industry recorded significant price increases.
For businesses, the decline in producer inflation suggests some relief from rising input costs. However, continued increases in utilities and transport remain key challenges affecting production expenses.
