Monday, September 29, 2025
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
No Result
View All Result

Producer Price Inflation hits 5.9% in June

Mining, manufacturing, and hospitality drive broad decline in prices

NewsCenta by NewsCenta
July 16, 2025
in Business, Main
0
Producer Price Inflation
Share on FacebookShare on Twitter

The Producer Price Inflation (PPI) fell sharply to 5.9% in June 2025—the lowest level recorded since November 2023—signalling continued easing in factory-gate inflation across key sectors of the economy.

According to data released by the Ghana Statistical Service (GSS) on Wednesday, July 16, the year-on-year figure represents a 4.2 percentage point drop from May 2025 and a significant 19.7 percentage point decline from the rate recorded in June 2024.

You might also like

Tamale Teaching Hospital

Management of Tamale Teaching Hospital paid dead man for 26 months

September 29, 2025
Treasury Bills undersubscription

Treasury Bills undersubscribed by 37.5% as Cedi weakens

September 29, 2025

The latest data also marks the fifth consecutive month of declining producer inflation, reinforcing expectations of broad-based price stability in the supply chain.

Monthly deflation reflects easing cost pressures

On a month-to-month basis, producer prices declined by 1.4% between May and June 2025, indicating that producers, on average, received lower prices for their goods and services in June compared to the previous month.

The Mining and Quarrying sector, which carries the highest weight (43.7%) in the PPI basket, recorded a dramatic drop in inflation, from 13.7% in May to just 6.5% in June.

The Manufacturing sector, the second-largest component at 35% of the index, also saw inflation ease from 9.8% to 7.6%, a 2.2 percentage point decline.

“These two sectors alone were the primary drivers behind the broader fall in producer prices,” said Dr. Alhassan Iddrisu, the Government Statistician, during a press briefing.

Hospitality, transport sectors show sharp price swings

The June data also revealed continued price reductions across key service sectors.

Transport costs, which had already dipped by 4.8% in May, dropped further to -7.0% in June, reflecting lower input and fuel costs.

Perhaps the most dramatic reversal occurred in the hotels and restaurants sub-sector, where inflation shifted from a 6.5% increase in May to a 2.7% contraction in June—a 9.2 percentage point swing.

Analysts say this could reflect competitive pricing strategies amid falling tourism spending and lower operating costs.

GSS urges businesses to innovate amid falling prices

Commenting on the data, Dr. Iddrisu encouraged businesses to “re-evaluate pricing models” and renegotiate contracts strategically to stay competitive.

“Falling costs bring opportunity, but tighter margins too. Stay ahead by innovating, not just adjusting prices,” he advised.

He also called on the government to maintain macroeconomic stability, stimulate domestic production, and introduce smart incentives, particularly for capital-intensive industries like mining and manufacturing.

These efforts, he noted, are essential to sustaining growth, protecting jobs, and enhancing Ghana’s global competitiveness.

Consumers urged to remain vigilant

To consumers, the GSS offered a word of advice: “Buy smart, question markups, and support brands that pass savings on.” With prices falling at the producer level, consumer advocacy groups are expected to increase pressure on retailers to reflect these cost savings in final prices.

Analysts view the sustained easing in PPI as a positive signal for the broader inflation outlook, particularly as Ghana’s economy looks to consolidate gains made in macroeconomic stability over the past six months.

However, they caution that continued vigilance is needed to guard against external shocks that could reverse this trend.

Post Views: 354
Tags: Ghana Statistical ServiceProducer Price Inflation
NewsCenta

NewsCenta

Related Stories

Tamale Teaching Hospital

Management of Tamale Teaching Hospital paid dead man for 26 months

by Kojo Emmanuel
September 29, 2025
0

The management of the Tamale Teaching Hospital (TTH) in the Northern Region has come under scrutiny after it emerged that...

Treasury Bills undersubscription

Treasury Bills undersubscribed by 37.5% as Cedi weakens

by NewsCenta
September 29, 2025
0

Ghana’s Treasury bill auction ended in undersubscription last week, with investors bidding a total of GH¢3.49 billion against the government’s...

Korle Bu salaries

Korle Bu Hospital blows GH¢14m on unathorised salaries

by NewsCenta
September 29, 2025
0

The Korle Bu Teaching Hospital (KBTH) has come under scrutiny after the Auditor-General revealed that the facility made unauthorised payment...

GES KNUST SHS

GES sacks KNUST SHS Assistant Headmaster for fondling breast

by NewsCenta
September 29, 2025
0

The Ghana Education Service (GES) has removed from office Mr Charles Akwasi Aidoo, Assistant Headmaster (Academic) of KNUST Senior High...

Recommended

Multichoice DStv NCA pricing subscribers value

Good news as DStv subscribers to enjoy between 33% to 50% increased value

September 29, 2025
Tamale Teaching Hospital

Management of Tamale Teaching Hospital paid dead man for 26 months

September 29, 2025
EducationUSA College Fair

Thousands attend 2025 EducationUSA College Fair in Ghana

September 29, 2025

Popular Story

  • Songs Daddy Lumba

    See the list of over 200 songs Daddy Lumba released

    742 shares
    Share 297 Tweet 186
  • Gold-backed policies since 2021 driving economic gains — BoG

    714 shares
    Share 286 Tweet 179
  • 10 of top 11 causes of death killing more men in Ghana

    699 shares
    Share 280 Tweet 175
  • Bissue floors High Court and OSP at Supreme Court

    690 shares
    Share 276 Tweet 173
  • Monday, May 26, 2025 Newspaper Headlines

    683 shares
    Share 273 Tweet 171
NewsCenta

Newscenta is a Ghana-based news organisation publishing in print (The Newscenta Newspaper) and on a digital media platform (newscenta.com) dedicated to delivering timely and impactful news across various sectors, including politics, business, economy, technology, and culture.

  • About Us
  • Contact Us
  • Health
  • Education
  • Mining
  • Energy
  • Telecoms
  • Agriculture
  • Opinion
  • Trade
  • Newspaper Headlines

© 2025 All Rights Reserved NewsCenta.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Politics
    • Local
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Newspaper Headlines
  • Business
  • Agriculture
  • Education
  • Sports
  • Tech
  • Opinion

© 2025 All Rights Reserved NewsCenta.

Connect with us