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Building Inflation hits 4.4% in December 2025, extends Eighth Month of sharp decline

Edzorna Francis Mensah by Edzorna Francis Mensah
January 28, 2026
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Building Inflation hits 4.4% in December 2025, extends Eighth Month of sharp decline
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The Prime Building Cost Index (PBCI) report by the Ghana Statistical Service has revealed that building inflation has decreased to 4.4% in December 2025, down from 5.9% in November, marking the eighth consecutive month of decline.

The overall prices for building inputs fell slightly by 0.2% between November and December 2025, according to Dr. Alhassan Iddrisu, the Government Statistician.

Presenting the report on 28th January 2026 in Accra, Dr. Iddrisu said the “Year-over-year (Y-o-Y) labor inflation declined to 10.7% in December from 12.7% in November, with monthly (M-o-M) labor prices decreasing by 0.9%”.

Effectively, Materials inflation also eased to 2.7% Y-o-Y in December, down from 4.2% in November, with materials prices dropping by 0.1% month-over-month.

The Inflation for plant equipment however, increased slightly to 5.6% Y-o-Y in December from 5.3% in November, with plant prices rising by 1.5% M-o-M.

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“Among sub-groups, equipment experienced the highest inflation at 14.9%, while reinforcement had the lowest with a deflation of -7.3%”, he added.

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