Ex-factory price inflation for all products and services dropped sharply from 18.5% to 10.2%.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Ghana’s year-on-year producer price inflation in ex-factory prices for all goods and services reduced drastically to 10.2% in May 2025 from 18.5% in April 2025.

This is the lowest rate recorded since November 2023 (1.7%).

It also means that the average prices that producers received for their goods and services fell by 8.3% in May 2025 from April 2025.

The two most important contributors to the decline of producer price inflation in May 2025 were Mining and Quarrying (10.6 percentage points) and Manufacturing (9.5 percentage points), both accounting for 78.7% of PPI.

Source: newsthemegh.com