Ghana’s year-on-year producer price inflation (PPI) fell sharply to 18.5% in April 2025, from 24.4% in March, according to new data released by the Ghana Statistical Service (GSS).
The month-on-month PPI recorded a deflation of 0.8%, signaling that the average prices producers received for goods and services dropped within the month.
“This means the average prices that producers received for their goods and services fell by 0.8% in April compared to March 2025,” the GSS explained.
The Manufacturing sub-sector saw mixed trends, with five out of 23 industry groups recording inflation rates higher than the sector’s average of 20.8%.
Notably, the manufacture of basic metals topped the chart with an inflation rate of 38.0%, followed by the production of motor vehicles, trailers, and semi-trailers at 35.8%.
On the lower end, the manufacture of coke and refined petroleum products experienced a deflation of -1.6%, contributing to the overall dip in producer prices.
In the Mining and Quarrying sub-sector, the extraction of crude oil and natural gas saw a steep decline in inflation to -12.6%, dropping by 15.1 percentage points from March.
Similarly, the mining of metal ores fell from 62.2% to 56.0%. However, mining support services recorded a high inflation rate of 66.0%.
Meanwhile, the Electricity and Gas sub-sector recorded moderate inflation levels, with electricity generation and distribution at 5.5% and gas distribution dipping slightly to -0.9%.
