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Corporate Governance Deficit & Regulatory Breaches:
Business & Economy

A Stability Booster, But a Threat to Credit – The Double-Edged Sword Nature of BoG’s 20% CRR

News

Black Stars’ Exit Triggers Jersey Price Crash for Local Traders

Gold & Cocoa Fire Ghana’s Int’l Trade as Trade Surplus Rises to 4.4% of GDP in April 2026
Business & Economy

Gold & Cocoa Fire Ghana’s Int’l Trade as Trade Surplus Rises to 4.4% of GDP in April 2026

Innovation

Nigeria Launches Locally Manufactured Laptops and Tablets in Landmark Tech Partnership

News

Otumfuo Advocates Strong Local Procurement Policy To Revive Ghana’s Textile Industry

News

Ghana Poised to Become West Africa’s Hub for Mining Support Services

Volta Basin to Anchor Ghana’s Next Oil and Gas Frontier – Petroleum Commissi
Business & Economy

Volta Basin to Anchor Ghana’s Next Oil and Gas Frontier – Petroleum Commission CEO

Business & Economy

Komenda Sugar Factory to Be Leased to Private Investor for 15 to 20 Years

Urban Farming Touted as a Triple-Impact Solution for Food Security, Import & Household Income
News

Urban Farming Touted as a Triple-Impact Solution for Food Security, Import & Household Income

Evidence to Action: ISSER Director Pushes for Translating Multidisciplinary Research into Policy
InnovationNews

Evidence to Action: ISSER Director Pushes for Translating Multidisciplinary Research into Policy

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

News

Small Businesses in Ghana Struggle with Capital, Policy Gaps and Technology Access

The GH₵2 Subsidy on Just Diesel: How the Fear of Inflation May Have Influenced the Decision
Business & Economy

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

When Preparation Meets Opportunity: Dangote Refinery Hits Jackpot with 450K Tons of Oil Export in Africa
African PerspectiveBusiness & Economy

When Preparation Meets Opportunity: Dangote Refinery Hits Jackpot with 450K Tons of Oil Export in Africa

Samuel Okudzeto Ablakwa
Business & Economy

Ghana’s Foreign Minister to Meet US Ambassador Over New 10% Tariff on Ghanaian Exports