Mining and Quarrying

Producer Inflation Falls Marginally To 52.1% In January 2023

Producer Inflation Falls Marginally To 52.1% In January 2023

The Producer Price Inflation (PPI) for January 2023 fell marginally to 52.1%, from 52.2% recorded in December 2022. According to data from the Ghana Statistical Service, the Mining and Quarrying (68.2%), Transport and Storage (62.6%) and Manufacturing (53.3%) recorded rates above the national average, while Information and Communication Activity recorded the lowest rate of 1.2% in January 2023. However, the month-on-month change in the PPI between December 2022 and January 2023 was 0.9%. Mining and Quarrying The PPI in the Mining and Quarrying sub-sector decreased by 5.3 percentage points over the December 2022 rate of 73.4% to 68.2% in January…
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