Tag: Baah Wadieh
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Producer Price Inflation drops to 6.5% in November
The Producer Price Inflation for November this year, reduced to 6.5 percent. The drop represents a 0.7 percentage point decrease relative to the 7.2 percent recorded in October. The Producer Price Inflation measures the average change over time in prices for the production of goods and services. The Acting Government Statistician, Baah Wadieh attributed the…
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Producers’ inflation drops to 5.6 % in September 2018
The Producer Price Inflation (PPI) for September 2018, reached 5.6%. This is down from the 7.0% recorded in August 2018. The PPI measures the average change over time in the prices received by domestic producers for the production of their goods and services. Speaking to Citi Business News on the change, the Acting Government Statistician,…
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GDP reaches 5.4% in 2018 second quarter
Provisional figures released by the Ghana Statistical Service show that Ghana’s Gross Domestic Product which is the total value of all goods and services produced within the second quarter of this year, grew by 5.4 percent. This compares with the 11.1 percent recorded for same period last year. For the second quarter of this year,…
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133 new items added to inflation basket
The Ghana Statistical Service has announced the rebasing of the calculation of the Consumer Price Inflation effective July this year. This means that the reference year for calculating the change in the prices of goods and services at any particular point, has moved from 2012 to 2017. According to the Ghana Statistical Service, the move…
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Producer Price Inflation increases to 6.4% in April
Ghana’s Producer Price Inflation (PPI) increased to 6.4 percent in April 2018. The Producer Price Inflation measures the average change over time in the general prices received by domestic producers for the production of goods and/or provision of services. Comparing the April figure to that of March, the PPI went up by 2.7 percent. In…
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Producer Price Inflation drops to 5.5 % in February
The Producer Price Inflation (PPI) dropped to 5.5 percent in February 2018. This represents a 2.2 percent reduction compared to the 7.7 percent recorded in January 2018. The PPI measures the average change over time in prices received by domestic producers for their goods and services. The PPI for Ghana reports the producer price indices…
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Inflation increases to 10.6% in February
The inflation for February 2018 reached 10.6 percent. This represents a 0.3 percent rise in the inflation rate compared to the January 2018 inflation of 10.3 percent. Inflation measures the average change over time in the general prices of goods and services purchased by consumers within a particular period of time. The Acting Government Statistician,…
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Producer Price Inflation drops to 7.7%
The Producer Price Inflation (PPI) has dropped to 7.7 percent for January 2018. This represents a 1.2 percent reduction compared to the 8.9 percent recorded in December 2017. The Producer price inflation measures the average change over time in prices received by domestic producers for their goods and services. Speaking at a press conference in…
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Inflation drops again to 11.6%
The Consumer Price Inflation (CPI) has dropped again to 11.6 percent in October 2017. The figure went down by 0.9 percent from the 12.2 percent recorded in September 2017. This is the seventh time that inflation has dropped this year with some marginal increases between the ten month period [January to October 2017]. The CPI…
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Gold prices push producer inflation up to 7.6%
The Producer Price Inflation (PPI) increased to 7.6 percent in September 2017. The figure went up by 1 percent from the 6.6 percent recorded in August 2017. The Producer Price Inflation measures the average change over time in the prices received by domestic producers for the production of their goods and services. The Acting Government…