FX.co ★ Ghana’s Producer Inflation Edges Up to 4.8% YoY in September 2026

Ghana’s Producer Price Index (PPI) growth accelerated modestly in September 2026, with year-over-year producer inflation rising to 4.80%, up from 4.40% in August 2026. The data, updated on 20 October 2026, reflect the change in producer prices compared with the same month a year earlier.

The latest reading suggests a slight uptick in cost pressures at the producer level, as September’s figure represents a higher annual rate of increase than in the previous month. In both cases, the comparison is year-over-year: August’s 4.40% measured against August 2025, and September’s 4.80% against September 2025.

While the gain is relatively modest, the move from 4.40% to 4.80% may indicate a gradual firming of input and production costs that could eventually transmit to consumer prices, depending on how businesses adjust margins and pricing strategies in the months ahead.