Tag: PPI
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Producer Inflation drops to 3.1 percent in January 2017
The Producer Price Inflation for January 2017 recorded 3.1 percent. This rate is 1.7 percent lower than the rate recorded in December 2016 which was 4.9 percent. The monthly change rate for January 2017 was 2.1 percent. According to the Ghana Statistical Service, the Mining and Quarrying sub-sector recorded the highest year-on-year producer price inflation…
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Producer inflation drops sharply to 4.9 percent in December 2016
The producer price inflation for December 2016 fell to 4.9 percent from the 11.9 percent in November, the Ghana Statistical Service has stated. By this, the ex-factory prices of goods and services for all industry increased on average by 4.9 percent in December 2016 relative to the price level recorded in December 2015. However compared…