Ghana’s producer price inflation rose to 4.8% in September 2026, up from 4.4% in August, driven largely by price increases in the mining and manufacturing sectors.
Government Statistician Dr Alhassan Iddrisu has urged businesses, households and policymakers to use the latest figures to guide their financial decisions and monitor emerging price pressures across key sectors of the economy.
Speaking at a press conference in Accra on Tuesday, October 20, Dr Iddrisu explained that producer price inflation measures changes in the prices producers receive for their goods and services before they reach consumers.
He said the September rate meant that prices received by producers were, on average, 4.8% higher than they were in September 2025.
Month-on-month producer inflation, however, fell to 1.3%, with mining and quarrying serving as the main driver of the changes recorded during the period.
The mining and quarrying sub-sector contributed 2.4 percentage points to the overall 4.8% inflation rate, accounting for half of the total increase. Within the sub-sector, prices for crude oil and natural gas rose by 18.3% over the year.
Manufacturing inflation also increased, rising from 3.6% in August to 4.6% in September. Together, mining and manufacturing accounted for 4.0 percentage points of the overall producer inflation rate.
Meanwhile, electricity and gas recorded the highest sub-sector inflation rate of 9.8% in September, although this represented a decline from 12.3% in August.
Dr Iddrisu said the figures were important for businesses and households because changes in production costs could eventually influence the prices consumers pay in shops and markets.
“Prices at the factory gate today can shape prices in the shops tomorrow,” he said.
He encouraged businesses to use the data to plan their costs and pricing decisions, while urging households to take price movements into account when preparing their budgets.
He also called on policymakers to closely monitor developments in mining, manufacturing and energy to better understand the sources of price pressures and their potential effects on the wider economy.
