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Home » Producer inflation surges to 5.8% in May 2026

BusinessCommerceEconomyGeneral newsGovernance

Producer inflation surges to 5.8% in May 2026

Agyemkum Tuah
Last updated: June 18, 2026 6:28 pm
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Ghana’s producer price inflation jumped to 5.8% in May 2026, up sharply from 2.7% in April, according to Ghana Statistical Service.

Despite that year-on-year acceleration, prices producers actually received slipped 1.4% from April to May, suggesting some near-term relief even as the annual figure climbed.

Mining and quarrying stayed the biggest driver behind the increase, posting an 11.0% inflation rate for the month and continuing to push up overall production costs.

Manufacturing also flipped from a -0.7% reading in April to a positive 0.7% in May, while transport and storage swung from -6.6% to 7.7%, a sharp reversal after several months of falling prices in that sector.

Government Statistician Dr. Alhassan Iddrisu said the figures give useful signals across the board: households can factor them into spending decisions, businesses can use them for input-cost planning, and policymakers can lean on them to watch supply chains more closely as a check against future inflation.

Producer price inflation is typically watched as an early signal of where consumer prices may be heading next.

Source: metrotvonline.com

Disclaimer: The content published on this website is for informational purposes only. The views, opinions, and positions expressed by individual authors or contributors are theirs alone and do not necessarily reflect those of [patriotnewsonline.com]. While every effort is made to ensure accuracy, [patriotnewsonline.com] does not assume any responsibility or liability for any errors, omissions, or outcomes resulting from the use of this information. Readers are advised to verify facts independently and seek professional advice where necessary.

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TAGGED:Government Statistician Dr. Alhassan IddrisuProducer inflationProducer price inflationsurges to 5.8% in May 2026year-on-year acceleration
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