Producer inflation rises to 2.7% in April 2026 on higher mining sector prices
Producer price inflation increased to 2.7 percent in April 2026, largely driven by rising prices within Ghana’s mining and quarrying sector.
This is according to the latest Producer Price Index (PPI) report released by the Ghana Statistical Service (GSS).
The April figure represents a 1.1 percentage point increase from the 1.6 percent recorded in March 2026, indicating renewed pressure on producer prices at the factory gate.
Despite the increase on a year-on-year basis, month-on-month producer inflation slowed to 0.4 percent in April from 0.7 percent in March, suggesting that short-term cost pressures on producers eased slightly during the period.
The Ghana Statistical Service attributed the rise in producer inflation mainly to the mining and quarrying sector, which accounts for the largest share of the Producer Price Index basket with a weight of 43.7 percent.
Inflation in the sector rose significantly to 5.6 percent in April 2026 from 3.9 percent in March, making it the biggest contributor to the overall increase in producer prices.
The manufacturing sector, however, showed signs of improvement despite remaining in negative territory.
Manufacturing inflation improved to negative 0.6 percent in April from negative 2.2 percent recorded in March, reflecting a reduction in price declines within the sector.
Meanwhile, utility-related sectors continued to post relatively high inflation rates.
Electricity and gas recorded inflation of 11 percent, while water supply and waste management services posted inflation of 10.3 percent.
The transport and storage sector also recorded some improvement, although inflation remained negative at minus 7.1 percent compared to minus 9.8 percent in March.
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