PPI
Audio By Carbonatix
The Producer Price Inflation (PPI) rate for January 2024 stood at 17.4%, higher than the 16.6% recorded in December 2023.
This was in line with the Consumer Price Index which also went up marginally in January 2024.
According to the Ghana Statistical Service, the month-on-month change in the PPI between December 2023 and January 2024 was 1.7%.
The producer price inflation in the industry less construction sector increased to 17.2% in January 2024 from 16.2% in December 2023.
The rate in the construction sector decreased to 40.2% in January 2024 from 46.0% in December 2023.
In the Services sector, the rate decreased from 17.6 percent in December 2023 to 16.9 percent in January 2024.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
IAEA backs Ghana’s nuclear readiness amid Africa’s growing energy transition
9 minutes -
Tema West MP demands urgent probe into missing Constituency Women’s Organiser
13 minutes -
Church of Pentecost Chairman calls on Nkwanta residents to embrace peace
16 minutes -
Mahama presides over 48th Change of Guards Parade at the Presidency
20 minutes -
Mahama receives letters of credence from seven new envoys
23 minutes -
IAEA, FAO targets Striga threat to legume production in Africa
26 minutes -
Africa must turn gas wealth into prosperity – Leaders declare
28 minutes -
Ghana positions itself as preferred outsourcing hub at London roundtable
31 minutes -
Police arrest suspect in murder of UCC student Innocentia Avinu
34 minutes -
Over five phones were stolen at Alex Ekubo’s service of songs – Stan Nze
42 minutes -
Oil rebounds on concerns about US-Iran peace deal, restoration of supply
51 minutes -
Jordan feeling pride not pressure over World Cup debut Â
1 hour -
Refuse at McCarthy Down poses serious threat to Weija Dam and public health – CSIR scientist warns
1 hour -
Iran draw 2-2 with New Zealand in politically charged World Cup clash in LA
1 hour -
Ghana coach Queiroz enters record books at his fifth World Cup in row
1 hour