PPI

Ghana Places 8th On 2023 Africa Private Participation In Infrastructure Index

Ghana Places 8th On 2023 Africa Private Participation In Infrastructure Index

Ghana placed 8th in Africa for private infrastructure investment, totaling $137 million, as per the World Bank Private Participation in Infrastructure (PPI) 2023 Annual Report. The report highlights that Ghana undertook only one infrastructure project during this period. The report indicates that private infrastructure investment in low and middle-income countries reached $86 billion in 2023, showing a 5 percent decline compared to the previous year. Despite this overall decline, more countries received investment, indicating a broader distribution across various projects. In the sub-Saharan region, South Africa emerged as the largest contributor, with investments exceeding $1 billion, accounting for 30 percent…
Read More

Producer Price Inflation Falls To 9.6%

The Producer Price Index (PPI) for October 2023 fell to 9.6%, data from the Ghana Statistical Service has revealed. This represents a 15.5 percentage point decrease relative to the rate recorded in September 2023 (25.1%). However, the month-on-month change in the PPI between September 2023 and October 2023 was 1.1%. According to the data from the GSS, the producer price inflation in the industry less construction sector decreased to 9.0% in October 2023 from 26.4% in September 2023. The rate in the construction sector decreased to 44.0% in October 2023 from 48.9% in September 2023. In the Services sector, the…
Read More