• About Us
  • Privacy Policy
  • Contact Us
Sunday, June 15, 2025
MyPublisher24
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
No Result
View All Result
Morning News
No Result
View All Result
Home News

Producer Price Inflation for January 2021 is 10.1 percent

Osumanu Al-Hassan by Osumanu Al-Hassan
July 22, 2021
in News
0
Producer Price Inflation for January 2021 is 10.1 percent
0
SHARES
42
VIEWS
Share on FacebookShare on TwitterWhatsapp

The year-on-year Producer Price Inflation (PPI) rate for June 2021, fell to 10.1 per cent compared to 11.8 percent recorded in May.

The rate represents a 1.7 percentage point decrease in producer inflation relative to the rate recorded in May 2021.

READ ALSO

ActionAid Ghana makes strides in combating child marriage

Israel-Iran conflict cause of D-levy suspension – Energy Ministry

Professor Samuel Annim, the Government Statistician, who announced this on Wednesday in Accra, said the month-on-month change in producer price index between May 2021 and June 2021 was 1.1 per cent.

He said the producer price inflation in the Mining and Quarrying sub-sector decreased by 3.2 percentage points over the May 2021 rate of 12.7 percent to record 9.5 percent in June 2021.

The producer inflation for the Manufacturing sub-sector, which constituted more than two-thirds of the total industry, decreased by 1.8 percentage points, to a record 12.8 percent.

The utility sub-sector recorded no inflation rate for June 2021.

Prof Annim said in June 2021, five out of the 16 major groups in the manufacturing sub-sector recorded inflation rates higher than the sector average of 12.8 percent.

The manufacture of motor vehicles, trailers, and semi-trailers recorded the highest inflation rate of 28.4 percent, while the manufacture of electrical machinery and apparatus recorded the least inflation rate of 0.0 percent.

On the petroleum price index, he said, the producer inflation rate in the petroleum sub-sector was -4.5 percent in June 2020.

The rate fluctuated between July 2020 (-4.0%) and November 2020 (-5.0%), but subsequently, the rate increased continuously to peak at 31.0 percent in March 2021 but declined to 23.9 percent in June 2021.

Touching on the trends, he said in June 2020, the producer price inflation rate for all industries was 9.5 percent, the rate decreased to 9.0 percent in August 2020 and increased to 9.7 percent in September 2020 but declined consistently to record 7.0 percent in December 2020.

In March 2021, the rate increased to 13.0 percent, however, in April 2021, it declined to 10.9 per cent, rose to 11.8 per cent in May, but decreased to 10.1 per cent in June 2021.

PPI measures the average change over time in the prices received by domestic producers for the production of goods and services.

GNA

Tags: inflation

Related Posts

acitionaid ghana
News

ActionAid Ghana makes strides in combating child marriage

June 15, 2025
John Abdulai,Isareal-Iran,d-levy
Main

Israel-Iran conflict cause of D-levy suspension – Energy Ministry

June 15, 2025
Western Region,galamsey,
Health

Minister admits 12 out of 14 districts suffering from galamsey

June 15, 2025
Sam George,ICT,Volta Region,
News

Sam George tours ICT Training centres

June 15, 2025
FIFA Club World Cup
News

Messi’s Inter Miami held by Al Ahly at FIFA Club World Cup

June 15, 2025
Footballer
News

2025 Ghana Football Awards: Thomas Partey adjudged Footballer of the Year

June 15, 2025
Next Post
Mali begins probe into interim president’s attack

Mali begins probe into interim president's attack

POPULAR NEWS

Lighthouse chapel

Lighthouse Chapel Case: 6 Ex-Pastors Demand $12 Million Settlement

April 30, 2023
aircraft

Light House Brouhaha: Kofi Bentil Exposed Over $12M Settlement Deal

April 24, 2023
SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

April 24, 2023
Kwaku Azar writes: Until a prima facie case is established

Akufo-Addo Nominates Gertrude Torkornoo As New Chief Justice

June 12, 2025
Lighthouse Brouhaha: Larry Odonkor charged with Stealing

Lighthouse Brouhaha: Larry Odonkor charged with Stealing

April 24, 2023

EDITOR'S PICK

Edmund Kyei Pens Kofi Amoah: Stop The Tantrum And View The Economy From An Intellectual Perspective

Edmund Kyei Pens Kofi Amoah: Stop The Tantrum And View The Economy From An Intellectual Perspective

May 5, 2021
Food prices to soar despite removal of some fuel levies – GAWU

Food prices to soar despite removal of some fuel levies – GAWU

October 13, 2021
Ghanaian actress

I’d rather make more babies – Yvonne Nelson on body enhancement trend

April 9, 2025
Minority leader calls for Debt Ceiling Act to limit govt’s excessive borrowing

Minority leader calls for Debt Ceiling Act to limit govt’s excessive borrowing

October 28, 2021

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Important Links

  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

Recent Posts

  • Afenyo-Markin challenges Deputy Speaker’s ruling: Says sub judice rule was misapplied
  • ActionAid Ghana makes strides in combating child marriage
  • Israel-Iran conflict cause of D-levy suspension – Energy Ministry
  • Minister admits 12 out of 14 districts suffering from galamsey

Archives

  • About
  • Privacy Policy
  • Terms of Use

© 2025 mypublisher24 - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

© 2025 mypublisher24 - All rights reserved.