The Producer Price Inflation (PPI) for April rose to 31.2 per cent from 29.3 per cent in March, the Ghana Statistical Service (GSS) has said.
This represents a 1.9 percentage point increase and a month-on-month change rate of 1.1 per cent.
The Producer Price Index measures the average change over time in the prices received by domestic producers for the production of their goods and services.
The Government Statistician, Professor Samuel KobinaAnnim, who stated this at a news conference in
He said the producer inflation for the Manufacturing sub-sector, which constitutes more than two-thirds of the total industry, increased by 2.6 percentage points to 38.6 per cent from 36.0 per cent in March, adding that the highest monthly inflation rate of 1.6 percent.
"In
The Government Statistician said the mining and quarrying sub-sector recorded
"The producer price inflation in the Mining and Quarrying sub-sector increased by 1.6 percentage points over the
Prof. Annim said the utility sub-sector recorded the lowest year-on-year producer inflation rate of 1.1 per cent in April from 1.0 in March, adding that the sub-sector recorded no inflation in the month of April.
On the petroleum sub-sector, the Government Statistician, said the sector recorded
'In
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