Producer price inflation in Ghana’s manufacturing sector declined sharply to 0.5 percent in November 2025, down from 2.5 percent recorded in October, the Ghana Statistical Service (GSS) has reported .
The manufacturing sector, which accounts for 35.0 percent of the Producer Price Index (PPI) basket, recorded the largest reduction among the major economic sectors, losing 2.0 percentage points in year-on-year inflation between October and November 2025.
The GSS explained that the slowdown in manufacturing price pressures was a key factor behind the marginal easing in overall producer inflation, which declined to 1.3 percent in November from 1.4 percent in October.
On a month-on-month basis, producer prices in the manufacturing sector increased modestly by 0.4 percent between October and November 2025, suggesting some short-term price adjustments despite the significant annual slowdown .
Sub-sector data showed mixed performance across manufacturing activities. Price declines were recorded in areas such as the manufacture of coke and refined petroleum products, wood and wood products, basic metals, and non-metallic mineral products.
In contrast, higher producer prices were observed in food products, beverages, textiles, leather products, and rubber and plastics.
The GSS noted that variations in input costs, energy prices, exchange rate movements, and demand conditions continue to influence pricing behaviour within the manufacturing industry.
The easing of producer inflation in manufacturing may offer some relief to downstream businesses and consumers, as the sector plays a critical role in supplying goods to both domestic and export markets.
However, the Service cautioned that sustaining price stability in manufacturing will depend on improved energy supply, efficient logistics, and continued investment in productivity-enhancing technologies.
