Summary: The inflation rate in Ghana’s construction sector slowed to 6% in June, down from 7.4% in May, according to data from the Ghana Statistical Service, offering some relief to developers and individuals, although the sector remains relatively expensive.
In June 2025, inflation in Ghana’s construction sector slowed to 6.0%, down from 7.4% in May, according to data from the Ghana Statistical Service (GSS). While this signals a marginal easing in rising costs, construction remains relatively expensive—especially for major infrastructure projects.
What does this really mean for Ghanaians planning to build homes or launch infrastructure projects?
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A deeper look at the sector shows a mixed bag. The cost of constructing buildings declined, registering a -6.7% year-on-year inflation rate and a 1.7% drop month-on-month. This could translate into savings for developers and individuals building homes—at least for now.
However, other areas remain costly. Civil engineering saw an 11.5% year-on-year rise, with utility-related construction inflating at a steep 30.2%. Specialized construction works like plumbing and electrical installations recorded the highest sector inflation at 17.5%, driven largely by the cost of technical finishing.
While the overall month-on-month dip of 0.4% offers brief relief, it doesn’t erase the broader trend: construction in Ghana is still expensive, just not accelerating as fast. Those in the building sector—developers, engineers, and individuals—may find slight cost benefits in the short term, but long-term planning must still account for high material and infrastructure-related prices.
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Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of Accra Street Journal, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.
