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Ghana Producer Price Index (PPI)

Ghana's Producer Price Index (PPI) increased to 3.2% in September 2025 from 3.0% in August 2025. This shows a slight upward trend in producer prices. Ghana's PPI averaged 15.66% between 2015 and 2025. Ghana's record low PPI was 2% in July 2017 and record high was 78.1% in November 2022.

Monthly Historical Data (2015-2025)

(in %)
Month Producer Price Index (PPI)
Sep 2025 3.2%
Aug 2025 3%
Jul 2025 3.8%
Jun 2025 5.9%
May 2025 10.2%
Apr 2025 18.5%
Mar 2025 24.4%
Feb 2025 27.6%
Jan 2025 28.5%
Dec 2024 26.1%
Nov 2024 26.9%
Oct 2024 33%
Sep 2024 30.4%
Aug 2024 33.2%
Jul 2024 29.1%
Jun 2024 25.9%
May 2024 23.6%
Apr 2024 16.8%
Mar 2024 15.3%
Feb 2024 12.1%
Jan 2024 17.4%
Dec 2023 18.2%
Nov 2023 2%
Oct 2023 9.7%
Sep 2023 25.1%
Aug 2023 28.3%
Jul 2023 32.9%
Jun 2023 29.2%
May 2023 30.3%
Apr 2023 34.3%
Mar 2023 43.7%
Feb 2023 50.8%
Jan 2023 52.6%
Dec 2022 52.2%
Nov 2022 78.1%
Oct 2022 65.2%
Sep 2022 45.6%
Aug 2022 48.6%
Jul 2022 41.2%
Jun 2022 38%
May 2022 33.5%
Apr 2022 31.2%
Mar 2022 29.3%
Feb 2022 21.4%
Jan 2022 16.8%
Dec 2021 14.7%
Nov 2021 13.6%
Oct 2021 10.6%
Sep 2021 8.8%
Aug 2021 8.1%
Jul 2021 8.4%
Jun 2021 10.1%
May 2021 11.8%
Apr 2021 10.9%
Mar 2021 13%
Feb 2021 10.3%
Jan 2021 9.1%
Dec 2020 7%
Nov 2020 8.1%
Oct 2020 8.4%
Sep 2020 9.7%
Aug 2020 9%
Jul 2020 9.3%
Jun 2020 9.5%
May 2020 8.4%
Apr 2020 7.4%
Mar 2020 6.8%
Feb 2020 10.5%
Jan 2020 14.5%
Dec 2019 13%
Nov 2019 9.9%
Oct 2019 8.9%
Sep 2019 9.1%
Aug 2019 10.2%
Jul 2019 8.8%
Jun 2019 7.1%
May 2019 6.7%
Apr 2019 7.1%
Mar 2019 7.1%
Feb 2019 5.4%
Jan 2019 3.4%
Dec 2018 4.4%
Nov 2018 6.5%
Oct 2018 7.2%
Sep 2018 5.8%
Aug 2018 7%
Jul 2018 8.2%
Jun 2018 7.7%
May 2018 7.1%
Apr 2018 6.4%
Mar 2018 3.7%
Feb 2018 5.5%
Jan 2018 7.7%
Dec 2017 8.9%
Nov 2017 7.1%
Oct 2017 8.2%
Sep 2017 7.6%
Aug 2017 6.6%
Jul 2017 2%
Jun 2017 3.2%
May 2017 3.7%
Apr 2017 4.4%
Mar 2017 6%
Feb 2017 5.4%
Jan 2017 3.1%
Dec 2016 4.8%
Nov 2016 11.9%
Oct 2016 9.7%
Sep 2016 9.7%
Aug 2016 11%
Jul 2016 10.4%
Jun 2016 7.6%
May 2016 11.3%
Apr 2016 11.2%
Mar 2016 14.3%
Feb 2016 14.5%
Jan 2016 16.9%
Dec 2015 11%
Nov 2015 3%
Oct 2015 2.8%
Sep 2015 4.8%
Aug 2015 4%

Recent Events

datetime event actual previous consensus
2025-10-22 06:15 AM PPI YoY (Sep) 3.2% 3% -
2025-09-17 06:10 AM PPI YoY (Aug) 3% 3.8% -
2025-08-20 06:15 AM PPI YoY (Jul) 3.8% 5.9% -

Next Release Date :

Ghana Producer Price Index (PPI) : Definition
Ghana's producer price change tracks the percentage change in selling prices received by domestic producers across key sectors like mining, manufacturing, agriculture and construction. The Ghana Statistical Service calculates it using the Producer Price Index (PPI), weighted by sector contribution.
Indicator Last Value Prior Value Period
Annual Inflation Rate 22.85% 38.11% 2024
Inflation Rate 9.4% 11.5% Sep'25
Inflation Rate MoM 0.9% -1.3% Sep'25