{"id":108146,"date":"2025-12-23T10:53:44","date_gmt":"2025-12-23T10:53:44","guid":{"rendered":"https:\/\/sotnews.agency\/?p=108146"},"modified":"2025-12-23T10:53:44","modified_gmt":"2025-12-23T10:53:44","slug":"ghanas-building-construction-inflation-drops-to-5-9-in-november-2025","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=108146","title":{"rendered":"Ghana\u2019s building construction inflation drops to 5.9% in November 2025"},"content":{"rendered":"
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Ghana\u2019s building construction sector recorded a further slowdown in inflation in November 2025, offering relief to contractors, developers and households, amid easing cost pressures.<\/p>\n

According to the latest Prime Building Cost Index (PBCI) released by the Ghana Statistical Service (GSS), overall building construction inflation declined to 5.9% in November 2025, down from 7.8% in October 2025. This marks the seventh consecutive month of decline in construction inflation.<\/p>\n

The data was presented in Accra by Omar Seidu, Acting Deputy Government Statistician, who highlighted improving cost conditions across key components of the construction industry.<\/p>\n

Despite the year-on-year slowdown, the overall prices of building inputs rose marginally by 0.4% month-on-month between October and November 2025, reflecting moderate price adjustments within the sector.<\/p>\n

\"Ghana\u2019s<\/figure>\n

Labour and Materials Costs Ease<\/strong><\/p>\n

The report showed a significant easing in labour-related pressures. Year-on-year labour inflation fell sharply to 12.7% in November 2025, from 13.7% in October 2025. On a month-on-month basis, labour prices increased by 2.6%, suggesting continued demand for skilled labour, albeit at a slower pace.<\/p>\n

Materials inflation also showed improvement. Year-on-year materials inflation declined to 4.2% in November 2025, down from 6.3% in October 2025, while materials prices recorded a slight 0.1% decrease month-on-month.<\/p>\n

Similarly, inflation for plant slowed, with year-on-year plant inflation easing to 5.3%, from 7.0% in October 2025. However, plant prices declined by 0.7% month-on-month, indicating reduced short-term cost pressures in that category.<\/p>\n

Equipment Records Highest Inflation<\/strong><\/p>\n

At the sub-group level, the report revealed mixed trends. Equipment recorded the highest inflation rate at 15.2%, reflecting continued cost pressures in machinery and tools used in construction.<\/p>\n

In contrast, reinforcement materials recorded the lowest inflation rate of minus 7.3%, suggesting falling prices for key inputs such as steel reinforcement.<\/p>\n

Outlook for Construction Sector<\/strong><\/p>\n

The sustained decline in construction inflation is expected to support ongoing infrastructure projects, private real estate development and housing affordability, particularly if the trend continues into early 2026.<\/p>\n

The Ghana Statistical Service noted that the Prime Building Cost Index remains a critical tool for monitoring cost movements in the construction industry and guiding policy, investment and contract adjustments.<\/p>\n<\/div>\n

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\"Ghana\u2019sDespite the year-on-year slowdown, the overall prices of building inputs rose marginally by 0.4% month-on-month between October and November 2025, reflecting moderate price adjustments within the sector.<\/div>\n","protected":false},"author":1,"featured_media":108147,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12,1927,2208,2529,12508,10,9,2654],"tags":[],"class_list":["post-108146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-gss","category-hp-business-2","category-inflation","category-pbci","category-politics","category-popular","category-real-estate"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/108146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=108146"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/108146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/108147"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=108146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=108146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=108146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}