Doha:Producer inflation in Ghana increased to 4.8% in September 2026, primarily due to higher prices in the mining and manufacturing sectors, as reported by the Ghana Statistical Service (GSS).
According to Ghana Web, the inflation rate rose from 4.4% in August, indicating that producer prices were on average 4.8% higher in September 2026 compared to the same month the previous year. The mining and quarrying sector contributed significantly to this increase, accounting for half of the overall annual rise. Inflation in this sector climbed to 5.5% from 4.9% in August, with crude oil and natural gas extraction prices increasing by 18.3%.
In the manufacturing sector, inflation also saw an uptick, rising to 4.6% from 3.6% in the previous month. Prices for leather products increased by 15.8%, and fabricated metal products saw a 14.3% rise. Additionally, food manufacturing prices went up by 6.6%.
Despite these increases, the pace of monthly producer price growth slowed. Between August and September, producer prices rose by 1.3%, a decrease from the 2.5% increase recorded in August. Some relief was observed in the utilities sector, where electricity and gas inflation fell to 9.8% from 12.3%, and water supply and waste management inflation eased to 8.3% from 10.1%.
Construction inflation experienced a slight increase to 4.7%, with building construction prices rising by 7% over the year. In contrast, services inflation slowed to 1.4% from 1.8%, although land transportation recorded a significantly higher annual price increase of 30.1%.
Producer inflation reflects changes in the prices of goods and services at the production stage before reaching consumers. These increases can eventually lead to higher retail prices, impacting household spending. The Ghana Statistical Service has urged businesses to manage price pressures by controlling costs, improving productivity, and securing reliable suppliers.