Home   >   Business   >   Economy   >   201801
Producer Price Inflation In December Rises To 8.9 Percent   
  << Prev  |  Next >>
Comments ( 0 )     Email    Print
Related Stories
Ghana’s producer price inflation rose to 8.9 percent year-on-year in December from 7.1 percent in November on petroleum prices, the Ghana Statistics Service office said on Wednesday.

The monthly change rate was 0.9 percent.

Petroleum inflation rose to 36.4 percent from 27.7 percent in November, the Deputy Government statistician Mr Anthony Amuzu said.

The mining and quarrying sub-sector recorded the highest year-on-year producer price inflation rate of 19.1 percent from 14.4 percent in November, while manufacturing rose to 8.8 percent, an increase of 1.6 percentage points higher, from 7.2 percent.

Utilities inflation for December 2017 was 0.1 percentage points lower at 0.4 percent from November’s rate of 0.5 percent.

With respect to the monthly changes, Manufacturing recorded the highest rate of 1.5 percent.

The Utilities sub-sector recorded no change while the Mining and quarrying sub-sector recorded the lowest rate of -0.6 percent.
Source: GNA

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video