{"id":172789,"date":"2024-04-18T12:40:46","date_gmt":"2024-04-18T12:40:46","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/"},"modified":"2024-04-18T12:40:46","modified_gmt":"2024-04-18T12:40:46","slug":"inflation-inches-up-to-16-5","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/","title":{"rendered":"Inflation Inches Up To 16.5%"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Prof Samuel Kobina Annim, Government Statistician<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>The year-on-year Producer Price Inflation (PPI) has risen sharply to 16.5% for March 2024 as compared with the 12.5% recorded in February 2024 for both goods and services.<\/p>\n<p>According to the latest data released by the Ghana Statistical Service (GSS) the month-on-month producer inflation was 4.3%.<\/p>\n<p>According to the GSS, the construction sector registered the highest year-on-year inflation of 56.5%, followed by electricity and gas (27.0%) and mining and quarrying (26.7%).<\/p>\n<p>Water supply, sewerage, waste (7.4%); manufacturing (7.1%), and information and communication (6.2%) registered the lowest year-on-year inflation.<\/p>\n<p>Electricity and gas recorded a 27% inflation rate for March 2024, an increase of 7.5 percentage points over the February rate of (19.5%) 11 sub-groups within the manufacturing sub-sector recorded inflation rates above the sub-sector average.<\/p>\n<p>They included the manufacture of motor vehicles and trailers (65.2%); the manufacture of beverages (38.4%) and the manufacture of wearing apparel (24.0%).<\/p>\n<p>For the services sector, air transport recorded the highest year-on-year inflation of 30.5%. It was followed by postal and courier activities (25.0%) and programming and broadcasting activities (19.3%).<\/p>\n<p>Also, the service producer price inflation in the transport and storage sub-sector, increased by 0.9 percentage points over the February 2024 rate of 11.2% to 12.1% in March 2024.<\/p>\n<p>The accommodation and food services subsector rate increased by 5.5 percentage points to 20.9% in March 2024. The information and communication sub-sector recorded an inflation rate of 6.2 percent for March 2024.<\/p>\n<p>Also, the producer price inflation in the industry sector excluding the construction sector increased to 20.7% in March 2024 from 11.8% in February 2024. The rate in the construction sector increased to 56.5% in March 2024.<\/p>\n<p><strong>A Business Desk Report<\/strong><\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prof Samuel Kobina Annim, Government Statistician \u00a0 The year-on-year Producer Price Inflation (PPI) has risen sharply to 16.5% for March 2024 as compared with the 12.5% recorded in February 2024 for both goods and services. According to the latest data released by the Ghana Statistical Service (GSS) the month-on-month producer inflation was 4.3%. According to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-172789","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inflation Inches Up To 16.5% - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation Inches Up To 16.5% - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Prof Samuel Kobina Annim, Government Statistician \u00a0 The year-on-year Producer Price Inflation (PPI) has risen sharply to 16.5% for March 2024 as compared with the 12.5% recorded in February 2024 for both goods and services. According to the latest data released by the Ghana Statistical Service (GSS) the month-on-month producer inflation was 4.3%. According to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-18T12:40:46+00:00\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Inflation Inches Up To 16.5%\",\"datePublished\":\"2024-04-18T12:40:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/\"},\"wordCount\":247,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/\",\"name\":\"Inflation Inches Up To 16.5% - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2024-04-18T12:40:46+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/04\\\/18\\\/inflation-inches-up-to-16-5\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inflation Inches Up To 16.5%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Inflation Inches Up To 16.5% - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/","og_locale":"en_US","og_type":"article","og_title":"Inflation Inches Up To 16.5% - Ghanamma.com","og_description":"Prof Samuel Kobina Annim, Government Statistician \u00a0 The year-on-year Producer Price Inflation (PPI) has risen sharply to 16.5% for March 2024 as compared with the 12.5% recorded in February 2024 for both goods and services. According to the latest data released by the Ghana Statistical Service (GSS) the month-on-month producer inflation was 4.3%. According to [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/","og_site_name":"Ghanamma.com","article_published_time":"2024-04-18T12:40:46+00:00","author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Inflation Inches Up To 16.5%","datePublished":"2024-04-18T12:40:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/"},"wordCount":247,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/#primaryimage"},"thumbnailUrl":"","articleSection":["Local News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/","url":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/","name":"Inflation Inches Up To 16.5% - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/#primaryimage"},"thumbnailUrl":"","datePublished":"2024-04-18T12:40:46+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/04\/18\/inflation-inches-up-to-16-5\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Inflation Inches Up To 16.5%"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/172789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=172789"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/172789\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=172789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=172789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=172789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}