This represents a 3.1 percent points higher than the 9.9% rate recorded in November 2019, the GSS said in a statement on Wednesday.
Ghana’s Producer Price Inflation for December 2019 inched up to 9.9 percent
The Ghana Statistical Service (GSS) has announced the Producer Price Inflation (PPI) for December last year was 13%,
Ghana’s Producer Price Inflation for December 2019 inched up to 9.9 percent
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.
The manufacturing sub-sector recorded the lowest year-on-year producer inflation of 8.8 percent.
With respect to the monthly changes, Mining and quarrying sub-sector recorded the highest inflation rate of 2.8 percent, followed by Manufacturing sub-sector with 1.6 percent.
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The Utilities sub-sector recorded lower inflation rate of 0.1 percent
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