Producer price inflation increased to 2.7% in April 2026, driven largely by rising prices within Ghana’s mining sector.
This is according to the latest Producer Price Index data released by the Ghana Statistical Service.
The new rate represents a 1.1 percentage point increase from the 1.6% recorded in March 2026, signalling renewed upward pressure on prices at the factory gate.
On a month-on-month basis, however, producer prices rose by 0.4% in April, lower than the 0.7% increase recorded in March, suggesting a moderation in short-term cost pressures facing producers.
The increase in producer inflation was mainly driven by the mining and quarrying sector, which remains the largest component of the Producer Price Index basket with a weight of 43.7%.
Inflation within the sector rose sharply to 5.6% in April from 3.9% in March, contributing significantly to the overall increase in producer prices.
Meanwhile, the manufacturing sector showed signs of recovery despite remaining in negative territory.
Manufacturing inflation improved to negative 0.6% in April from negative 2.2% in March, reflecting easing price declines within the sector.
Utilities continued to record relatively high inflation levels, with electricity and gas inflation standing at 11%, while water supply and waste management recorded 10.3%.
Transport and storage inflation also improved, although it remained negative at minus 7.1% compared to minus 9.8% in March.