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
-
Ghana to retain cotton banknotes under new Heritage Series – BoG
2 minutes -
Lebanese Community awards scholarships to eight Ghana School of Law students
4 minutes -
NPP’s path to victory lies in unity – Boakye Antwi
9 minutes -
Divers recover a total of 52 bodies from capsized ferry in Indonesia after a dayslong search
19 minutes -
UNESCO urges Ghanaian journalists to mine archives for richer reporting
19 minutes -
Educational accountants hold workshop on financial discipline to avert PAC sanctions
24 minutes -
Devtraco Group launches Lotus residential development
31 minutes -
3rd JoyNews-Republic Bank Habitat Clinic kicks off at Junction Mall, Nungua
31 minutes -
KMA cracks down on unapproved transport fares; engages 24 unions ahead of Christmas
34 minutes -
The rise of fast food in Ghana
46 minutes -
No new denominations beyond GH¢200 under Heritage Series – BoG
52 minutes -
Police train 45 personnel ahead of Traffitech-GH rollout on October 1
54 minutes -
Asanko Gold expands agric support programme to 80 farmers in Ashanti Region
60 minutes -
DR Congo running short of health workers as Ebola outbreak intensifies, WHO saysÂ
1 hour -
GBA condemns attempted arrest of Manhyia South MP at Accra High Court
1 hour