Audio By Carbonatix
Year-on-year inflation at factory gate prices for all goods and services fell to 43.7% in March 2023, from 50.8% recorded February 2023, according to the Ghana Statistical Service.
This is in line with the Consumer Price Inflation which also fell to 45.0% in March 2023.
According to the data, the monthly producer inflation rate was 1.7%.
For the sectors, Industry recorded the highest Producer Price Inflation (PPI) of 43.3% in March 2023, compared to 57.9% in March 2022. It was followed by Construction with PPI of 18.8% and Services with PPI of 18%.
With regard to the sub-sectors, Transportation and Storage recorded the highest year-on-year PPI of 59.3%.
Electricity and Gas (57.5%); Accommodation and Food Services (47.0%) and Manufacturing (46%) also recorded PPI higher than the average producer inflation.
Latest Stories
-
CJ’s remarks on SOEs were made in good faith, not to undermine judicial independence – Judicial Service
1 hour -
Bright Future Alliance pays courtesy call on Akufo-Addo, invites him to African Leaders of Influence Lectureship Series
1 hour -
This is an attempt to break the Minority caucus – Patricia Appiagyei on alleged GH¢70k payment
2 hours -
‘OSP hasn’t contacted me’ – Patricia Appiagyei assures cooperation if invited
2 hours -
I find it strange that this memo was purportedly written by me – Patricia Appiagyei
2 hours -
Ayariga calls for stronger church partnership to tackle sanitation, environmental challenges
3 hours -
I don’t think we have an industry – Patchbay Band manager
3 hours -
Patchbay Band questions recognition of live bands in Ghana’s music industry
3 hours -
Newsfile to discuss SOEs’ GH¢19.8bn profit, dissolution of 9 boards, CJ’s visits to SOEs, GH¢70k gift rejection
3 hours -
BoG warns against spraying, defacing and using cedi notes for decorations
3 hours -
Adwumawura: Selected applicants to receive notifications from today – NEIP CEO
3 hours -
‘Fake memo’ fabricated to smear me – Patricia Appiagyei
3 hours -
ATLF2026: Culture, investment and tourism take centre stage as Africa’s tourism leaders gather in Polokwane
4 hours -
TI-Ghana and GACC demand full disclosure over alleged GH¢70,000 Appointments Committee payment
4 hours -
UN approves resolution in support of map that shows Africa’s true size
4 hours