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Without Processing Facilities, “Nkoko Nkitinkiti” Initiative Will Only Hatch Waste - IMANI Cautions
Business & Economy

Soaring Poultry Prices Cast Shadow Over New Year Festivities. 

OMO Bill Rate Still Higher Than T-Bill Rate: Is BoG Likely to Record Another OMO Loss in 2026?
Business & Economy

BoG’s GH¢16B OMO Loss Not out of Mismanagement, but Protective Measure to Shield Economy – Analyst

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

US–Iran Tensions Threaten to Wreck Ghana’s 15‑Month Disinflation Drive
Business & Economy

US–Iran Tensions Threaten to Wreck Ghana’s 15‑Month Disinflation Drive

Ghana’s Strong Q1 Growth Compels Fitch Solutions to Revise 2025 Growth Target Upward from 4.2% to 4.9%
Business & Economy

Here is How Ghana’s Economy Will Look Like by End of 2025, All Things Being Equal

News

The Hidden Cost of Ghana’s Food Security Crisis: How Small Businesses and Consumers Are Struggling

News

Rising Costs of Goods Cast Shadow Over Kasoa Market’s Christmas Season

Swift Payment of Maturing Eurobond a Good Omen for Ghana’s Hope for Bonds Market Return – Economist
Business & Economy

Gov’t Hints of Plans to Restructure BoG After Rejecting ¢60B Negative Equity Recapitalization Pleas

Utility Bills to Head Down from April 1 as Stronger Cedi Eases Tariffs
Business & Economy

Utility Bills to Head Down from April 1 as Stronger Cedi Eases Tariffs

An Upgrade with Caution: Fitch Warns Ghana on 3 Factors That Could Reverse Latest Positive Ratings
Business & Economy

An Upgrade with Caution: Fitch Warns Ghana on 3 Factors That Could Reverse Latest Positive Ratings

A Case of Faulty Meters or Quiet Tariff Build-Up? A Deeper Look at Recent Electricity Bill Agitations
Business & Economy

Businesses, Households on Tenterhooks Ahead of Next Utility Tariff Review as Earlier Hike Bites Hard

From 225% to 9.8% & 281% to 16%: Why PURC Massively Slashed Tariff Demands of ECG & GWCL
Business & Economy

Another Increase in Electricity Tariff Could Spark Multiple Troubles

24H+ Secretariat Engages Bank of Ghana to Align Policies Ahead of Implementation
News

24H+ Secretariat Engages Bank of Ghana to Align Policies Ahead of Implementation

Gold Eases as Markets Weigh Iran Diplomacy and Central Bank Signals
Business & EconomyMarkets

Gold Eases as Markets Weigh Iran Diplomacy and Central Bank Signals

Ghana Governance Risks Rated High on Fiscal Pressures and Enforcement Gaps — Sompa Report
Business & Economy

Doing Business in Ghana: Understanding the Uncertainties Beneath the Stability