Producer Price Inflation hits 13 percent for December 2019

January 23, 2020

Inflation from the producer perspective inched up as the Producer Price Inflation (PPI) for December last year was 13%, the Ghana Statistical Service (GSS) has announced.

This rate is 3.1 percentage points higher than the rate recorded in November 2019, 9.9%, the GSS said in a statement on Wednesday.

The PPI calculates and represents the average movement in selling prices from domestic production over time.

The Mining and Quarrying sub-sector recorded the highest year-on-year producer price inflation rate of 33.7 percent, followed by Utilities sub-sector with 12.8 percent.

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