GHDatafie blog

Ghana producer price inflation rises to 4.8 percent in September 2026

GHDatafie, 9 November 2026

Producer price inflation in Ghana was **4.8 percent** in September 2026, according to the Ghana Statistical Service (GSS). The figure is provisional and was published on 21 October 2026. It is 0.4 percentage points higher than the 4.4 percent recorded for August 2026, a change calculated by GHDatafie.

Producer price inflation for all activities in Ghana was 4.8 percent in September 2026, according to the Ghana Statistical Service. GSS published the figure on 21 October 2026 and marks it as provisional, so it may still change. All figures here are as published and may be revised.

What the figure measures

Producer price inflation (here shortened to producer inflation) is the year-on-year change in the Producer Price Index for all activities, which GSS calls "All PPI". The index tracks the prices producers receive for what they make and sell, rather than the prices shoppers pay in a market or shop. A rate of 4.8 percent means producer prices in September 2026 were higher than in September 2025, on average across all activities.

GHDatafie calculated an everyday example from the figure. At a yearly rate of 4.8 percent, something that cost GH₵100 in September 2025 costs GH₵104.8 in September 2026, on average. That is the average across producers, and the change for any single product can be larger or smaller.

How September compares

In August 2026, producer inflation was 4.4 percent, also provisional. GHDatafie calculated that the September figure is 0.4 percentage points higher. The rate has now risen in each month since June 2026, after a jump and a fall in May and June that you can see in the chart above.

The lowest figure shown is 1.4 percent, for February 2026. The highest shown is 18.5 percent, for April 2025, a provisional figure published by GSS in May 2025. Producer inflation in September 2026 is far below that April 2025 level and well above the February 2026 low.

A comparison with September 2025 is not possible from the figures shown. The figures carried by GHDatafie start in April 2025 and then resume in February 2026, because GSS's online archive of newsletters has gaps. The chart above shows every value that is available.

Reading the figures with care

Every figure shown is marked provisional by GSS, including the latest one. GSS prints producer inflation to one decimal place, and GHDatafie quotes it as printed. The figures come from newsletters on the March 2020 to February 2021 base.

A higher producer inflation rate means producer prices rose faster over the year. It does not mean prices fell when the rate was lower: a rate of 1.4 percent, as in February 2026, still means producer prices were rising, only more slowly.

Where the figures come from

The figures are from Table 1 of the GSS PPI Newsletter, published by the Ghana Statistical Service at statsghana.gov.gh. They are compiled by GHDatafie, which is independent of and not endorsed by GSS. You can see the full series and its chart on the producer price inflation page, and other new figures on the releases page.

Questions people ask

What is Ghana's producer price inflation rate?

Producer price inflation for all activities was 4.8 percent in September 2026, according to the Ghana Statistical Service. The figure is provisional and may be revised.

Did producer inflation in Ghana rise or fall in September 2026?

It rose. GHDatafie calculated that the September 2026 rate of 4.8 percent is 0.4 percentage points higher than the August 2026 rate of 4.4 percent, both provisional figures from GSS.

What does producer price inflation measure?

It is the year-on-year change in the Producer Price Index for all activities, which tracks the prices producers receive for what they sell. GSS publishes it in its PPI Newsletter.

What does 4.8 percent producer inflation mean in cedis?

GHDatafie calculated that at a yearly rate of 4.8 percent, something that cost GH₵100 in September 2025 costs GH₵104.8 in September 2026, on average across producers.

Is producer inflation the same as consumer inflation?

No. Producer inflation tracks the prices producers receive for their output, while consumer inflation tracks the prices households pay. The two are separate series.

Figures in this article

• Producer price inflation, all activities, year on year: Source: Ghana Statistical Service (GSS), statsghana.gov.gh. Figures as published by GSS; compiled by GHDatafie, which is independent of and not endorsed by GSS.

Changes and everyday examples are calculated by GHDatafie from the published figures. GHDatafie is independent and is not part of, or endorsed by, the publishers it quotes.