Construction input costs in Ghana remained subdued in March 2026, even as overall producer inflation edged slightly higher, latest data from the Ghana Statistical Service has shown.
Producer inflation in the construction sector slowed to 0.3 percent year-on-year, down marginally from 0.4 percent in February, underscoring relatively stable cost conditions for contractors and developers.
On a monthly basis, construction prices increased by just 0.1 percent, pointing to minimal short-term cost pressures across the sector.
However, the broader producer price environment showed a modest uptick. Overall producer inflation rose to 1.5 percent in March, from 1.4 percent in February, while month-on-month inflation stood at 0.7 percent.
Within the construction sector, trends were mixed. Specialised construction activities and civil engineering posted moderate price increases, but this was offset by a sharp decline in building construction, suggesting softer demand or intensified competition in that segment.
Across the wider economy, price pressures remained uneven. Utilities particularly electricity and gas continued to record strong inflation, while manufacturing prices remained in negative territory, though improving from previous months.
For businesses, the relatively low construction inflation may help keep project costs stable in the near term. But the uptick in monthly producer prices suggests that cost pressures could gradually build if the trend persists.
