
Audio By Carbonatix
The Ghana Statistical Service (GSS) on Wednesday announced a fall in the Producer Price Inflation (PPI) for May 2011 to 23.8 per cent, compared to 24.29 per cent in April.
On a month-on month basis, producer prices rose 0.74 per cent during the month, after increasing 0.63 percent in April.
On specific industry basis, the mining and quarrying prices declined to 32.6 per cent down from 37.07 per cent in April.
Manufacturing, which contributed more than two-thirds to total industry rose 12.42 per cent from 12.22 per cent in April.
Government Statistician Dr Grace Bediako said the highest year-on-year price change of 71.84 was recorded in the utilities sector and this has remained unchanged since June 2010.Source: GNA
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.
Tags:
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
-
H. Kwasi Prempeh raises concerns over Supreme Court’s handling of OSP constitutionality case
10 minutes -
Airline pilots fear retribution over refusing to fly in Middle East, aviators’ group says
11 minutes -
Police intensify security in Bosomtwe communities after deadly clash
19 minutes -
Corporate Income Tax contributes highest to 2025 petroleum revenue
21 minutes -
Ghana less exposed to global oil disruptions — Fitch
24 minutes -
Property rates: Stakeholders advocate digitisation, transparency, …
26 minutes -
Police officer killed in road crash at Atortorkorpe in Ada
26 minutes -
EKMA begins dredging major storm drains ahead of peak rainy season
30 minutes -
US has let in 4,499 refugees since October – all but three were South African
35 minutes -
Child Protection Units to be part of MMDA Performance Assessment
42 minutes -
Pub thief jailed over £2.2m Fabergé theft
48 minutes -
Show us the money – COMAC CEO demands full disclosure on ‘dumsor levy’ windfall
60 minutes -
Melania Trump denies ties to Jeffrey Epstein and urges hearing for survivors
1 hour -
Prosecutors seek Tiger Woods’ prescription drug records after Florida arrest
1 hour -
Five persons arrested for robbing Chinese nationals at Asankragwa
6 hours