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PPI drops to 3.0% in August, lowest since November 2023 – GSS

 THE country’s Produc­er Price Inflation (PPI) dropped to 3.0 per cent in August 2025 from 3.6 per cent in July, the lowest since November 2023, the Ghana Statistical Service (GSS) has announced.

The latest figure marks the sev­enth consecutive month of decline in producer inflation and on a month-on-month basis, however, the PPI rose to 2.1 per cent in Au­gust from 1.5 per cent in July.

According to a release issued by the GSS in Accra yesterday, the August rate was 0.6 percentage points lower than that of July 2025, and 30.2 percentage points lower than the rate recorded in August 2024.

It said the decline was main­ly driven by the manufacturing sub-sector, which makes up 35 per cent of the index.

The GSS indicated that manu­facturing eased from 3.2 per cent in July to 1.6 per cent in August, shedding 1.6 percentage points.

“Within this category, the man­ufacture of motor vehicles, trailers and semi-trailers recorded 35.8 per cent, textiles 33.2 per cent, and rubber and plastic products 21.6 per cent,” it said.

The GSS said the PPI rate for industry less construction fell to 3.5 per cent in August from 4.1 per cent in July.

Construction inflation, it stated also moderated to 4.3 per cent from 5.3 per cent. Specialised construction activities recorded 5.6 per cent, civil engineering 11.6 per cent, while construction of build­ings fell sharply to -11.2 per cent.

The GSS said the services sector recorded a negative PPI of -0.3 per cent in August, down from 0.5 per cent in July and that was influenced mainly by water transportation (32.4 per cent), air transport (21.6 per cent), and programming and broadcasting activities (11.8 per cent).

It said accommodation and food services continued to decline, dropping from -2.7 per cent in July to -3.1 per cent in August and transportation and storage record­ed -8.0 per cent, while information and communication registered 1.5 per cent.

“Mining and quarrying, the largest sector with a weight of 43.7 per cent, recorded a slight increase, rising from 4.6 per cent in July to 4.9 per cent in August,” GSS said.

It said Mining support services registered 34.5 per cent, mining of metal ores 29.5 per cent, while extraction of crude petroleum and natural gas declined by -23.9 per cent and electricity and gas record­ed 6.9 per cent, while water supply, sewerage and waste management stood at 3.4 per cent

 BY KINGSLEY ASARE

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