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Building Cost Divide Deepens as Structural Inputs Fall, Finishing Goods Climb
Business & Economy

Building Cost Divide Deepens as Structural Inputs Fall, Finishing Goods Climb

1000 Basis Point Cut in Policy Rate in 2025: What Does It Mean for the Everyday Ghanaian?
Business & Economy

Ghana’s Inflation Edges Up to 22.1% in October Amid Rising Food Prices

AI to Boost Global Growth by Up to 0.8% – IMF Sees Innovation as a New Engine for Productivity
Business & Economy

Ghana’s Economy Expands by 5.3% in Q1 of 2025, Propelled by Boom in Agric & Services Sectors

The Growing GDP-GNI Gap: Is Ghana Losing More Money Than It’s Making?
Business & Economy

The Growing GDP-GNI Gap: Is Ghana Losing More Money Than It’s Making?

Ghana Rakes in $ 2.7 Bn from GoldBod Exports in Just 4 Months; Eyes Exponential Increase this Year
Business & Economy

President Mahama Targets to Slash Unemployment Rate to 5% with Export-Driven Masterplan

Proposed PURC-Energy Comm. Merger: Ex. Minister Justifies Move, Touting Vast Economic Benefits
Business & Economy

Credit to Electricity, Gas, and Water Sectors Reaches GH₵265.82 Bn Amid Persistent Challenges

Ghana’s 2025 Growth Outlook Upgraded to 6.2% by Standard Bank Amid Mining Boom
Business & EconomyNews

Standard Bank Projects Ghana’s 2025 Growth to Hit 6.2%, Fueled by Mining

Ghana’s manufacturing sector recorded a year-on-year decline of 2.2 percent in producer prices in March 2026, according to the latest Producer Price Index (PPI) report released by the Ghana Statistical Service, reflecting a broad easing in the cost of production across key industrial segments, particularly petroleum refining, basic metals, and non-metallic mineral products. The data, captured in the GSS’s monthly PPI newsletter, points to a sector experiencing mixed price dynamics. While the broader economy recorded a modest overall PPI inflation of 1.5 percent, the decline in manufacturing prices suggests that producers in several capital-intensive industries are facing lower input and output price pressures, which could improve cost efficiency and provide some relief to both firms and end consumers over time. The most significant price decline was recorded in the Manufacture of Coke and Refined Petroleum Products, where producer prices fell by 13.9 percent in March 2026, an improvement from the sharper 21.5 percent decline observed in February. This trend reflects the impact of moderating global crude oil prices and reduced cost pressures within the supply chain. In such an environment, domestic refiners may benefit from lower production costs, although competitive pressures, including a strong preference for imported refined products, may influence how much of these cost savings are retained or passed on to the market. Basic Metals recorded a producer price decline of 11.3 percent, while the Manufacture of Other Non-Metallic Mineral Products, which includes cement and construction materials, fell by 11.2 percent. These developments suggest that producers in these segments are operating in a lower-cost environment, which could translate into more affordable inputs for construction and infrastructure projects. The Construction sector’s producer price inflation eased from 0.3 percent in February to 0.1 percent in March, indicating emerging cost pass-through effects Similarly, the Manufacture of Wood and Cork Products declined by 9.5 percent, pointing to reduced pricing pressures across the value chain. While this may support cost efficiency for downstream industries, prolonged price declines could also affect revenue margins if not matched by increased sales volumes. In contrast, some segments of manufacturing are experiencing rising cost pressures. The Manufacture of Beverages recorded the highest producer price inflation among all 23 sub-groups at 15.2 percent in March, up from 14.8 percent in February. This sustained increase suggests that producers in this segment are facing higher input costs, which are likely being passed on through the value chain, ultimately contributing to higher prices for consumers. Rubber and Plastics Products also recorded inflation of 8.3 percent, while Leather, Textiles, and Electrical Equipment showed moderate price increases, indicating pockets of rising production costs within consumer-oriented manufacturing. These contrasting trends highlight an important dynamic within Ghana’s industrial landscape. While declining producer prices in heavy manufacturing may ease cost burdens and improve the affordability of industrial inputs, rising prices in consumer-focused segments suggest that inflationary pressures remain unevenly distributed across the sector. The easing of producer prices in mineral- and petroleum-based industries could support Ghana’s broader industrialisation agenda by lowering the cost base for production and potentially enhancing competitiveness. However, the persistence of price increases in other segments underlines the need for targeted interventions to manage cost pressures and ensure that gains from lower producer prices are effectively transmitted to consumers.
News

Ghana’s Manufacturing Sector Records Price Decline, Offering Relief to Producers

BoG 2025 Loss: A Necessary Evil to Tame Inflation & Build National Reserves - Dr. Atuahene
Business & Economy

Inflation Slows to 3.2% as Price Pressures Ease but Services, Housing Weigh

Households Encouraged to Scrutinize Retail Prices as Factory Costs Fall
Business & Economy

Households Encouraged to Scrutinize Retail Prices as Factory Costs Fall

24-Hour Economy Needs Strong KPIs and Measurable Outcomes –Prof Bokpin Warns
Business & EconomyNews

24-Hour Economy Needs Strong KPIs and Measurable Outcomes –Prof Bokpin

Significant Drop in Inflation an Opportunity for BoG to Cut Policy Rate By 100bp – Economist
Business & Economy

Significant Drop in Inflation an Opportunity for BoG to Cut Policy Rate By 100bp – Economist

Ghana’s Service Sector Inflation Cools—But Transport and Food Still Sizzle
Business & Economy

Service Sector Inflation Cools—But Transport and Food Still Sizzle

News

Ghana’s PPI Slips to -1.9% MoM Due to Declines in Mining, Industry, and Utilities

Essential food items in Ghana impacted by sharp price increases
Business & Economy

Ginger Leads Top 10 Essential Food Items with Inflation of 105.7%