PPI Archives - Wontumi Online

21 May

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

wontumionlineBusinessPPI

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…

22 Nov

Producer Price Inflation Falls To 9.6%

wontumionlineBusinessconstruction sector, GSS, PPI, Services sector

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…

20 Apr

Producer Price Inflation Falls To 43.7% In March 2023

wontumionlineBusinessConstruction, Industry, PPI, Services

Year-on-year inflation at factory gate prices for all goods and services fell to 43.7% in March 2023, from 50.8% recorded February 2023, according to the Ghana Statistical Service. This is in line with the Consumer Price Inflation which also fell to 45.0% in March 2023. According to the data, the monthly producer inflation rate was 1.7%. For the sectors, Industry recorded the highest Producer Price Inflation (PPI) of 43.3% in March 2023, compared to 57.9% in March 2022. It was followed by Construction with PPI of 18.8% and Services with PPI of 18%. With regard to the sub-sectors, Transportation and Storage recorded…

19 Jan

Producer Inflation Falls To 52.2% In December 2022

wontumionlineBusinessConstruction, GSS, Industry, PPI, Services

The year-on-year inflation rate at factory gate prices for all goods and services fell to 52.2 % in December 2022, from 78.1% recorded in November 2022, data from the Ghana Statistical Services has revealed. The monthly change rate was -13.3%, indicating the rate of inflation slowed down during the month under review. This Producer Price Inflation (PPI) for December 2023 is however not too different from the Consumer Price Index (CPI) of 54.1% for the same period. Perhaps, this could signal a probable fall in the Consumer Price Inflation (CPI) in January 2023. The PPI in the Industry less construction…