Producer price inflation rose to 2.7% in April 2026, mainly due to increasing costs within Ghana’s mining industry.
The figures were contained in the latest Producer Price Index report published by the Ghana Statistical Service.
The latest inflation rate marks an increase of 1.1 percentage points from the 1.6% recorded in March 2026, indicating renewed pressure on prices charged by producers at the factory level.
On a monthly basis, producer prices increased by 0.4% in April, lower than the 0.7% rise seen in March, suggesting that short-term cost pressures on producers may be easing.
The rise in producer inflation was largely attributed to the mining and quarrying sector, which accounts for the biggest share of the Producer Price Index basket at 43.7%.
Inflation in the sector climbed significantly to 5.6% in April from 3.9% in March, making it the major contributor to the overall increase in producer prices.
At the same time, the manufacturing sector showed some improvement despite still remaining in negative territory.
Manufacturing inflation improved to negative 0.6% in April from negative 2.2% in March, reflecting slower declines in prices within the sector.
The utilities sector continued to post relatively high inflation figures, with electricity and gas inflation recorded at 11%, while water supply and waste management stood at 10.3%.
Inflation in the transport and storage sector also improved, although it remained negative at minus 7.1% compared to minus 9.8% in March.