Producer Inflation March drops to 14.3%

quist 14:05 - 27 April 2016

Pineapple Exporter in Ghana

For mining and quarrying the producer inflation rate decreased by 1.7 percentage points in March 2016 relative to the rate recorded in February 2016 (8.6%).

The Ghana Statistical Service has pegged the Producer Price Inflation for the month of March at 14.3%, representing a 0.8% increase from February’s 15.1%.

Changes in sector inflation

Manufacturing saw a 0.3 percentage points increase on February 2016’s(9.8%).

The Producer Price Index (PPI) measures the average change over time in the prices received by domestic producers for the production of their goods and services.

The PPI for Ghana Relates prices in a particular month to those of the base period, September 2006

The PPI and corresponding inflation rates are presented for:

All industry (total industry), with breakdown for three major sub-sectors:

Mining and quarrying, Manufacturing, Utilities (electricity and water).

The producer price inflation rate for March 2016 was 0.5 percentage points lower than that of February 2016 (43.9%).

The Producer Price Index (PPI) measures the average change over time in the prices received by domestic producers for the production of their goods and services.

The PPI for Ghana relates prices in a particular month to those of the base period,

September 2006.

The PPI and corresponding inflation rates are presented for:

All industry (total industry), with breakdown for three major sub-sectors: Mining and quarrying, Manufacturing, Utilities (electricity and water).