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

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

GSS Data Vindicates GUTA’s Stance; Local Goods Currently Driving Inflation, Not Imports
Business & Economy

Locally Produced Foods Dominate Inflation Chart, Accounting for 15 of the Top 20 Items

News

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

Employers Want Major Government Policies Assessed for Their Impact on Jobs
News

Employers Want Major Government Policies Assessed for Their Impact on Jobs

Farm-Gate Prices at Efua Sutherland Children’s Park: Will Policymakers Just Buy and Leave or Finally Listen?
Business & Economy

Agriculture Outpaces All Sectors with 6.6% Real GDP Growth in Q1 of 2025

2026 Budget’s 800K Projected Jobs Fantastic, But Are They Sustainable? – An Economist Quizzes
Business & Economy

Despite the Latest 9.4% Single-Digit Inflation, Another Policy Rate Cut This Year Is Unlikely – Economist

News

Construction Costs Burden Developers and Homebuyers, C-PPI at 31.1%

The Chief Executive Officer of Agri-Impact Limited, Mr. Daniel Fahene Acquaye
News

Agri-Impact CEO Calls for Policy Shift to Deploy National Service Personnel into Agriculture

Cash Overflows on Ghana’s T-Bills Market as Gov’t Rejects 57% of Bids Amid Drop in Yield Rate
Business & Economy

Ghana’s Inflation Seen Easing to Central Bank Target Despite Utility Tariff Risks – Governor Asiama

Ghanaian currencies and the impact of inflation on the economy and cost of living in December 2024
Business & Economy

Month-on-Month Inflation Declines Despite Rising Annual Inflation Rate

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

Business & Economy

Economy Grew By 5.7%, One of the Best in Recent Years

Business & Economy

Local Goods Outprice Imports

8th Drop in Inflation: Gov’t Urged to Hold Firm Anchor on Fiscal Discipline as Year-End Pressures Loom
News

Vast Agric Potential Yet Rising Food Prices – Economist Weighs in on Ghana’s Food Inflation Irony

Accra’s Double Wahala: Pay More and Still 'Suffer'
Business & Economy

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