{"id":117351,"date":"2026-04-18T10:03:12","date_gmt":"2026-04-18T10:03:12","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/ghanas-producer-inflation-edges-up-to-1-5-per-cent-in-march"},"modified":"2026-04-18T10:44:21","modified_gmt":"2026-04-18T10:44:21","slug":"ghanas-producer-inflation-edges-up-to-1-5-per-cent-in-march","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-producer-inflation-edges-up-to-1-5-per-cent-in-march","title":{"rendered":"Ghana\u2019S Producer Inflation Edges up to 1.5 per Cent in March"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>Ghana\u2019s producer price inflation rose marginally to 1.5 per cent in March 2026 from 1.4 per cent in February.<\/b><\/p>\n

The increase indicates modest gains in prices received by producers year-on-year but remains significantly below the 24.4 per cent recorded in March 2025, reflecting subdued inflationary pressures.<\/p>\n

The Ghana Statistical Service (GSS) said the Producer Price Index (PPI) rose to 280.3 in March from 278.4 in February, translating into a 1.5 per cent year-on-year inflation rate, 0.1 percentage point higher than February.<\/p>\n

\u201cOn a month-on-month (MoM) basis, producer prices for goods and services increased by 0.7 per cent in March 2026 compared to February 2026,\u201d Dr Alhassan Iddrisu, Government Statistician said during a virtual press briefing on Wednesday.<\/p>\n

\u201cThe current rate is a dramatic 22.9 percentage point below where it stood twelve months ago, reflecting a significant cooling of price pressures at the producer level. This deceleration in short-term price growth suggests that while producer prices are still trending upward, the pace of that increase is moderating,\u201d he explained.<\/p>\n

On a sectoral basis, Industry, excluding construction, maintained a year-on-year inflation rate of 1.8 per cent in March, unchanged from February, with a month-on-month increase of 0.6 per cent.<\/p>\n

Mining and quarrying recorded a year-on-year inflation rate of 3.9 per cent in March, down from 4.1 per cent in February.<\/p>\n

Manufacturing, which accounts for 35 per cent of the PPI weighting, improved from -2.9 per cent in February to -2.2 per cent in March, indicating easing deflationary pressures.<\/p>\n

The electricity and gas sub-sector recorded a year-on-year inflation rate of 13.6 per cent in March, down from 14.3 per cent in February, while manufacture and distribution of gas posted a deflation of 29.1 per cent.<\/p>\n

Water supply, sewerage and waste management services maintained a year-on-year inflation rate of 9.9 per cent. Waste collection, treatment and disposal eased to 3.1 per cent, while water collection, treatment and supply remained at 17.2 per cent.<\/p>\n

\u201cThe stability in this sub-sector reflects consistent pricing patterns in essential utility services, where prices tend to move gradually in line with operational costs rather than market volatility,\u201d Dr Iddrisu explained.<\/p>\n

The Construction sector recorded a year-on-year inflation rate of 0.3 per cent in March, down from 0.4 per cent in February, with a month-on-month rate of 0.1 per cent.<\/p>\n

The Services sector recorded a year-on-year deflation of 0.9 per cent in March, compared to -0.8 per cent in February.<\/p>\n

\u201cThis deflation in the services sector is being driven primarily by steep declines in transport and storage, which posted a year-on-year rate of -9.8 per cent, the most negative reading in the sector, and Accommodation and Food Services, which recorded -9.4 per cent,\u201d Dr Iddrisu said.<\/p>\n

\u201cThese two sub-sectors have been in consistent year-on-year decline, reflecting sustained downward pressure on prices in hospitality and transport that has persisted through the first quarter of 2026,\u201d he said.<\/p>\n

The Government Statistician said the data suggested that utility-related costs were rising while services and manufacturing experienced price declines.<\/p>\n

He advised households to re-orient consumption towards goods and services with more stable prices to preserve real incomes.<\/p>\n

Dr Iddrisu urged firms reliant on manufactured inputs to negotiate medium-term supply agreements and adjust pricing cautiously to avoid demand contraction.<\/p>\n

He said declining transport inflation could improve cost competitiveness and urged government to support fuel supply stability and logistics efficiency.<\/p>\n

The Government on Wednesday announced it would absorb GHS2.00 per litre on diesel and GHS0.36 per litre on petrol as a one-month intervention aligned with the next petroleum pricing window.<\/p>\n

Source: Ghana News Agency<\/b><\/p>\n

For More News And Analysis About Ghana<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Ghana\u2019s producer price inflation rose marginally to 1.5 per cent in March 2026 from 1.4 per cent in February. The increase indicates modest gains in prices received by producers year-on-year but remains significantly below the 24.4 per cent recorded in March 2025, reflecting subdued inflationary pressures. The Ghana Statistical Service (GSS) said […]<\/p>\n","protected":false},"author":84,"featured_media":117350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[429],"class_list":["post-117351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-ghana"],"yoast_head":"\nGhana\u2019S Producer Inflation Edges up to 1.5 per Cent in March - Ghana<\/title>\n<meta name=\"description\" content=\"Ghana\u2019s producer price inflation rose marginally to 1.5 per cent in March 2026 from 1.4 per cent in February. 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