Tag: Ghana Statistical Service

Ghana to Target Spending Using District Poverty Data as Regional Inequality Shapes Growth Risks

Business & Economy

Ghana to Target Spending Using District Poverty Data as Regional Inequality Shapes Growth Risks

Finance minister says new rankings will influence investment allocation and social spending…

4 Min Read

GSS Data Shows Broad Poverty Decline but Sharp Regional Gaps Persist

GSS Data Shows Broad Poverty Decline but Sharp Regional Gaps Persist

The report cites both progress and persistent inequality in Ghana’s economic recovery…

4 Min Read

A Fall From Grace: How Ghana’s Cocoa Export Has Dramatically Lost Ground in the Last 2 Decades

Business & Economy

Three Million at Risk as 1 in 3 Households Face Food Stress, GSS Survey Shows

Real-time survey from the GSS flags rising stress levels as households cut…

4 Min Read

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.

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

Decline was driven by sharp drops in petroleum, metals, and construction-related products,…

4 Min Read

Ghana Producer Inflation Edges Up to 1.5% in March as Price Pressures Remain Subdued

Business & Economy

Ghana Producer Inflation Edges Up to 1.5% in March as Price Pressures Remain Subdued

Ghana’s producer inflation edged up to 1.5% in March 2026 as prices…

3 Min Read

Data Integration Extended to Judiciary to Strengthen Evidence-Based Governance

Data Integration Extended to Judiciary to Strengthen Evidence-Based Governance

The new agreement aims to track case backlogs, improve transparency and strengthen…

3 Min Read

Charcoal, Plantain, Smoked Herrings Remain Top Inflation Drivers Since Late 2025

Business & Economy

Charcoal, Plantain, Smoked Herrings Remain Top Inflation Drivers Since Late 2025

Inflation in March remained highly concentrated, with a small group of essential…

3 Min Read

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

The fifteenth straight decline signals stability, though cost burdens persist for households…

4 Min Read

MDPI, GSS Advance National Productivity Framework to Guide Policy and Investment

MDPI, GSS Advance National Productivity Framework to Guide Policy and Investment

Ghana Statistical Service partners with MDPI to build data-driven system for tracking…

2 Min Read

Women Dominate Informal Trade as Child Labor Concerns Emerge, GSS Data Shows

Women Dominate Informal Trade as Child Labor Concerns Emerge, GSS Data Shows

The census found that 693,748 businesses operate in open spaces such as…

4 Min Read

Ghana's Economy Expands 6% in 2025, Non-Oil Sectors Lead

Ghana’s Economy Expands 6% in 2025, Non-Oil Sectors Lead

Growth strengthened in the final quarter, with the economy expanding 5.8% year-on-year…

3 Min Read

Reliable Data Key to Confident Policy Decisions, Chief of Staff Says

Reliable Data Key to Confident Policy Decisions, Chief of Staff Says

Ghana signs data-sharing agreements with 25 public institutions to improve economic planning,…

3 Min Read