The Producer Price Inflation, which measures the average change over time in the prices received by domestic producers to produce their goods and services, fell to 50.8% in February 2023, from 52.6% in January 2023.
This is in line with the Consumer Price Inflation which also took a nose dive in February 2023 to 52.8%
The month-on-month change in the PPI between January 2023 and February 2023 was 7.0%.
According to figures from the Ghana Statistical Service, the producer price inflation in the Industry less (minus) Construction sector decreased to 57.9% in February 2023, from 58.8% in January 2023.
Also, the rate in the construction sector increased to 21.1% in February 2023 from 20.4% in January 2023.
In the Services sector, the rate increased from 10.6% in January 2023 to 13.4% in February 2023.
The Transportation and Storage (67.6%), Accommodation and Food Service Activities (66.5%), Mining and Quarrying (61.2%), Electricity and Gas (57.4%), and Manufacturing (55.7%) recorded rates above the national average.

However, Information and Communication Activity recorded the lowest rate of 4.5% in February 2023.
Latest Stories
- Lower rate of Early Warning System implementation in Africa is a concern – Ursula Owusu-Ekuful
45 mins - Resurgence of galamsey a testament of government failure – Dr. Pelpuo
1 hour - Archbishop Agyin-Asare’s comment can trigger security and peace instability – Security analyst
3 hours - WMO holds 19th congress to accelerate and scale up climate action
3 hours - Sevilla beat Roma on penalties to win 7th Europa League title
3 hours - Ghana makes strong case to be considered for SOFF at WMO congress in Geneva
3 hours - Increase ambition to safeguard our oceans – Akufo-Addo urges African nations
3 hours - Baby Jet U-16 Tournament: Asamoah Gyan pays courtesy call on Sports Minister ahead of event
3 hours - Bank Managers call on government to flush out ‘black market’ operators
4 hours - Judiciary must not be seen as bias in setting timelines for cases – Pumpuni Asante
6 hours - Seun Kuti opens up on experience in ‘three-person cell’ with 30 inmates
6 hours - We use ‘second-hand’ diapers, toilet rolls during menses – Girls admit as Mace supplies free sanitary pads
6 hours - Air New Zealand weighing passengers before flying
6 hours - Supreme Court ruling comes as a very big birthday present to me – Domelevo
7 hours - Supreme Court verdict sets the rule clear going forward – Daniel Domelevo
7 hours