Ghana: Building Cost Inflation Rises Slightly to 2.7 Percent in May

The cost of constructing buildings in the country recorded a marginal increase in May this year, with year-on-year inflation rising to 2.7 per cent from 2.2 per cent in April, the latest Prime Building Cost Index (PBCI) released by the Ghana Statistical Service (GSS) has indicated.

Despite the uptick, the inflation rate remains significantly lower than the 22.0 per cent recorded in May 2025, signalling a continued easing of price pressures within the building and construction sector.

The PBCI,…