Tag: Producer Price Inflation
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PPI for March 2021 rises to 13%; highest in last 12 months
The average price of goods and services received by domestic producers in the country for their production activities, in the month of March went up by 13 percent, compared with the prices received by the producers in March last year. This rate represents a 2.7 percentage point increase in producer inflation relative to the rate…
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PPI for November 2020 increased slightly to 8.8% – Statistical Service
New figures released by the Ghana Statistical Service (GSS), indicate that the Producer Price Inflation rate for November 2020 was 8.8 percent. This rate indicates that between November 2019 and November 2020 (year-on-year), the PPI increased by 8.8 percent. It also represents a 0.4 percentage point increase in producer inflation relative to the rate recorded…
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Producer Price inflation decrease marginally in October 2020
The Producer Price Inflation (PPI) for October 2020, saw a decrease compared to the same period last month. The PPI decreased by 1.3 percentage points, recording 8.4 percent, compared to the 9.7 percent recorded within the same time in September 2020. This means the year-on-year PPI, thus between October 2019 and October 2020, increased by…
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Producer Price Inflation for June records marginal increase
The Producer Price Inflation for June 2020 saw a marginal increase compared to the same period last month. The PPI increased by 0.3 percent, recording 8.7 percentage points, compared to 8.4 percent it recorded same time in May. This means the year on year PPI, thus between June 2019 and June 2020, increased by 8.7…
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January producer price inflation hits 13.3% due to changes in prices of refined fuel
The Producer Price Inflation (PPI) for January 2020 has increased to 13.3 percent. This rate represents a 0.3 percentage point increase in producer inflation relative to the rate recorded in December 2019, which was 13.0 percent. This month’s rate, is the highest producer inflation since March 2016. The Producer Price Index measures the average change…
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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…
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Producer Price Inflation for April records 7.1 percent
The Producer Price Inflation (PPI) rate for April 2019 has hit 7.1 percent. This shows a monthly change rate of 0.9 percent when compared to March 2019. The PPI measures the average change over time in the prices received by domestic producers for their goods and services. Speaking at a press conference, the Government Statistician…
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Commodity prices, cedi depreciation push Producer Price Inflation up to 6.7%
The producer price inflation rose to 6.7 percent in March 2019. This is 3 percent higher compared to the 3.7 percent recorded in the same period in 2017. The Ghana Statistical Service attributes the rise to the prevailing prices of commodities like gold and petroleum on the international world market. The Government Statistician, Professor Samuel…
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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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Producer Price Inflation drops again to 3.7% in March
Ghana’s Producer Price Inflation (PPI) has dropped for the third time in a row to 3.7 percent as at March 2018. The PPI 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 March figure to that of February, the…