Producer inflation tumbles to 18.5% in April 2025 – GSS

In April 2025, producer price inflation (PPI) for all goods and services dropped to 18.5%. This is down from 24.4% in March 2025.

On a month-to-month basis, the PPI fell by 0.8% from March to April. This means producers received an average of 0.8% less for their goods in April compared to March.

The Ghana Statistical Service reported that five out of 23 major manufacturing groups had inflation rates above the sector's average of 20.8%.

The manufacture of basic metals had the highest inflation rate at 38.0%. The manufacture of motor vehicles, trailers, and semi-trailers followed with a rate of 35.8%. In contrast, the manufacture of coke and refined petroleum products saw a decrease of -1.6%.

Mining and Quarrying Sub-Sector

In April 2025, crude oil and natural gas extraction recorded an inflation rate of -12.6%. This was a drop of 15.1 percentage points from March's rate of 2.5%.

The mining of metal ores decreased to an inflation rate of 56.0%, down from 62.2% in March. Mining support services recorded an inflation rate of 66.0%.

Electricity and Gas Sub-Sector

Electricity generation, transmission, and distribution had an inflation rate of 5.5% in April 2025.

However, the manufacture and distribution of gaseous fuels through mains recorded an inflation rate of -0.9%.