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GHANA’S PRODUCER PRICE INFLATION FALLS TO 24.4% IN MARCH

Ghana’s Producer Price Inflation (PPI) dropped to 24.4 percent in March 2025, down from 27.6 per cent in February, according to provisional data released by the Ghana Statistical Service (GSS).

The decline marks a 3.2 percentage point reduction, with a marginal month-on-month change of 0.6 percent between February and March.

The latest figures show variation across sectors. The Mining and Quarrying sector recorded the highest inflation at 35.4 percent, though this represented a sharp fall from the 43.7 per cent registered in February.

The Manufacturing sector followed with a rate of 22.8 per cent, an increase from 20.8 per cent the previous month.

At the other end of the spectrum, the Information and Communication sector maintained the lowest inflation at 4.1 per cent, a marginal drop from 4.2 per cent in February.

Other sectors also recorded moderate changes, with Construction falling to 15.4 per cent from 15.8 per cent, and Accommodation and Food Services easing to 7.2 per cent from 7.8 per cent.

The PPI is a critical economic indicator that tracks the average change over time in prices received by domestic producers for their goods and services.

It provides insights into price movements across various sectors, including Mining and Quarrying, Manufacturing, Construction, Electricity and Gas, Water Supply, Transport and Storage, Accommodation and Food Services, and Information and Communication.

 

 

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