Tag: PPI
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Rate for PPI falls to 28.3 % in August 2023
Recent data from the Ghana Statistical Service (GSS), show that the Producer Price Inflation (PPI) for the month of August 2023 fell marginally to 28.3% from the 32.9% recorded in July 2023. This represents a 4.6 percentage point decrease in producer inflation relative to the rate recorded in July 2023 PPI is the average price…
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Producer Price for June 2023 falls marginally to 29.2%
Recent data from the Ghana Statistical Service show that the Producer Price Inflation (PPI) for the month of June 2023 fell marginally to 29.2% from the 30.3% recorded in May 2023. This represents a 1.1 percentage point decrease in producer inflation relative to the rate recorded in May 2023 However, the month-on-month change in the…
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PPI drops to 30.3% for May 2023 – GSS
Recent data from the Ghana Statistical Service (GSS), indicates that the Producer Price Inflation (PPI) for the month of May, 2023 fell to 30.3%, from the 34.3%, recorded in April. This figure represents a 4.0 percentage point decrease in producer inflation relative to the rate recorded in April 2023 (34.3%). The month-on-month change in the…
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Producer Price Inflation drops to 50.8% in February 2023
Recent data from the Ghana Statistical Service, GSS, indicates that the Producer Price Inflation (PPI) for the month of February, 2023 fell marginally to 50.8%, from the 52.1%, recorded last month. Producer price inflation is the average prices of goods and services received by domestic producers for their production activities. This figure represents a 1.7…
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Producer Price Inflation decreases marginally to 52.1% in January 2023
Recent data from the Ghana Statistical Service, GSS, indicates that the Producer Price Inflation (PPI) for the month of January, 2023 fell marginally to 52.1%, from the 52.2% recorded in December 2022. Producer price inflation is the average prices of goods and services received by domestic producers for their production activities. Per the latest data…
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Producer Price Inflation hits 45.6%
Producer Price Inflation, the average price of goods and services received by domestic producers for their production activities, for the month of September has risen to 45.6 percent. This rate represents a 5.9 percentage point increase in producer inflation relative to the figure recorded in August 2022. This increment was mainly influenced by the mining…
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Increased manufacturing pushes PPI for April to over 11%
The average price of goods and services received by domestic producers in the country for their production activities, in the month of April 2021 went up by 11.1%, when compared with the prices received by the producers in April 2020. The increase in prices which brings the producer price inflation rate for April 2021, to…
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Producer price inflation increases to 6.8% for March
The Producer Price Inflation (PPI) for March 2020 has increased to 6.8 percent, new data released by the Ghana Statistical Service (GSS) has indicated. This rate represents a 3.7 percentage point decrease in producer inflation relative to the rate recorded in February 2020 which was 10.5 percent. This rate also indicates that between March 2019…
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December producer price inflation highest in 2019 due to fuel price hikes
The rate of increase in the prices received by domestic producers of goods and services for December 2019 reached 13.0 percent. This is according to latest figures released by the Ghana Statistical Service (GSS). The figure represents a growth of 1.5 percent compared to the previous month, November. By this, producers of goods and services…
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Mining and quarrying sub-sectors push November Producer Price Inflation to 9.9 %
The Producer Price Inflation (PPI) saw an increase of 9.9 percent for November 2019. This represents a 1 percentage point increase from 8.9 percent in October 2019. The PPI measures the average change in the prices received by domestic producers for the production of their goods and services. Novembers’ Producer Price inflation which is the…