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…