Producer Price Inflation Records 7.6%

THE YEAR-on-year
producer inflation for all industry was 7.6% in June 2019, while the monthly
change rate was 2.1%.

David
Yenukwat Kombat, a deputy government statistician in charge of operations, who
delivered the report recently in Accra, said the mining and quarrying
sub-sector recorded the highest year-on-year producer price inflation rate of
22.4%, followed by manufacturing sub-sector with 6.1%.

The utilities
sub-sector recorded the lowest year-on-year producer inflation of 1.2%.  With respect to the monthly changes, mining
and quarrying recorded the highest inflation rate of 7.3%, followed by manufacturing
sub-sector with 1.5%.

The utilities
sub-sector recorded the lowest inflation rate of 0.1%.

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