Producer Price Inflation drops to 1.3% in November 2025

Ghana’s Producer Price Inflation (PPI) for November 2025 stood at 1.3 percent.

Producer Price Inflation (PPI) measures the average change in prices domestic producers receive for goods and services at the factory gate, indicating inflationary pressures in the production chain.

Latest figures from the Ghana Statistical Service (GSS) show that the year-on-year PPI for November 2025 declined by 0.1 percentage point, from 1.4 percent in October 2025 to 1.3 percent.

On a month-on-month basis, producer inflation between October and November 2025 recorded a negative rate of 1.9 percent.

This means that, on average, the ex-factory prices of goods and services increased by 1.3 percent between November 2024 and November 2025.

In October 2025, producer inflation stood at 1.4 percent while sectoral data show mixed movements.

Producer Price Inflation falls sharply to 1.4% in October 2025

For instance, the Mining and Quarrying sector, which carries the largest weight of 43.7 percent, recorded an increase in producer inflation from 0.7 percent in October 2025 to 2.3 percent in November 2025, a rise of 1.6 percentage points.

The Manufacturing sector, accounting for 35 percent of PPI weights, saw producer inflation decline from 2.5 percent in October 2025 to 0.5 percent in November 2025, representing a 2.0 percentage-point drop.

Meanwhile, producer inflation in the Transport and Storage sector continued to fall, easing from -8.8 percent in October 2025 to -9.0 percent in November 2025.

SP/MA

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