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
-
‘Trump’s psyche’: The aide driving president’s most controversial policies
44 minutes -
Algeria begins to cancel air services agreement with UAE
56 minutes -
Gunmen kill three people and abduct Catholic priest in northern Nigeria
1 hour -
‘I have not been the best dad lately – 2Face
4 hours -
Why top Nollywood stars were banned – Omotola Jalade Ekeinde ​
4 hours -
‘We don’t need to be best friends’ – Omotola speaks on alleged feud with Genevieve
5 hours -
MTN FA Cup: Defending champions Kotoko knocked out by AduanaÂ
5 hours -
Why I no longer go clubbing – Davido
5 hours -
S Korean crypto firm accidentally pays out $40bn in bitcoin
5 hours -
Washington Post chief executive steps down after mass lay-offs
5 hours -
Iranian Nobel laureate handed further prison sentence, lawyer says
5 hours -
U20 WWCQ: South Africa come from behind to draw against Black Princesses in Accra
5 hours -
Why Prince William’s Saudi Arabia visit is a diplomatic maze
5 hours -
France murder trial complicated by twin brothers with same DNA
6 hours -
PM’s chief aide McSweeney quits over Mandelson row
6 hours