The increase, according to the Ghana Statistical Service (GSS), was a result of the mining and quarrying sub-sector, which witnessed a significant increase in inflation.
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Ghana’s Producer Price Inflation for January inches to 13.3 percent
The Producer Price Inflation for all industry in Ghana rises to 13.3 percent in January 2020.
Ghana’s Producer Price Inflation for January inches to 13.3 percent
The figure represents a 3.4 percent increase compared to the 9.9 percent recorded in December last year.
The Ghana Statistical Service said the mining and quarrying sub-sector recorded the highest year-on-year PPI rate of 32.2 percent, followed by the utility sub-sector with 12.6 percent rate.
The Manufacturing sub-sector recorded the least year-on-year PPI rate of 9.6 percent.
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For the monthly changes, the mining and quarrying sub-sector recorded the highest inflation rate of 3.4 percent.
The utility sub-sector recorded the lowest inflation rate of -0.1 percent.
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