The country's year-on-year Producer Price Inflation for December fell marginally to 26.1 per cent from 27.0 per cent in November, the Ghana Statistical Service released on the Producer Price Index for December, 2024 in Accra on Wednesday, has disclosed.
On month-on-month, the produce price inflation between November 2024 and December 2024 fell to 1.4 per cent.
It said the producer price inflation for industry fell to 40.2 per cent in December 2024, from 41.2 per cent in November 2024.
That, the GSS said, represented a 1.2 percentage point decrease in the industrial producer inflation and a month-on-month change rate which fell by 2.3 per cent. "The industrial producer price inflation in the mining and quarrying sub-sector increased in December 2024 to 42.8 per cent by 0.9 percentage point compared to the November 2024 rate of 41.9 per cent," the GSS stated.
