Building Inflation Rises to 5.1% in September 2026, Cement Inflation Declines to -6.1%
Prime Building Cost Index inflation was 5.1% YoY in September 2026, up from 4.6% in August
In Brief
- •Prime Building Cost Index inflation was 5.1% YoY in September 2026, up from 4.6% in August
- •Cement inflation fell to -6.1% YoY, the lowest among building inputs
- •Plant and equipment costs drove September inflation, rising 19.1% YoY
- •Labour group inflation was -3.2% YoY while Material group rose to 6.5% YoY
- •Reinforcement sub‑group inflation reached 29.0% YoY, Steel sub‑group fell to -8.8% YoY
Why It Matters
The rise in overall building costs signals higher construction expenses for developers and homeowners, potentially tightening household budgets. The sharp decline in cement prices may ease material costs for builders, but the concurrent increase in plant and equipment costs could offset savings, affecting project timelines and investment decisions across Ghana’s construction sector.
Key Details
- PBCI YoY inflation
- 5.1%
- Cement inflation YoY
- -6.1%
- Plant & equipment inflation YoY
- 19.1%
- Labour group inflation YoY
- -3.2%
- Material group inflation YoY
- 6.5%
- Overall building costs vs Sep 2025
- 5.1% higher
Context & Background
The Ghana Statistical Service reports building inflation remains low despite the September 2026 increase, reflecting broader economic conditions in the country.
Original Reporting & Sources
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