17, GNA – The Producer Price Inflation rises to 6.7 percent in March from 5.4
percent recorded in February 2019.
month-on-month change in producer price index between February 2019 and March
2019 was -0.9 per cent, Professor Samuel Annim, Government Statistician
announced this at a Media briefing on Wednesday.
He said the
Mining and Quarrying sub-sector recorded the highest year-on-year producer
price inflation rate of 15.9 percent, followed by manufacturing sub-sector with
6.1 per cent.
sub-sector recorded the lowest year-on-year producer inflation of 0.9 percent.
With respect to
the monthly changes, the mining and quarrying sector recorded the highest
inflation rate of 1.6 percent, followed by the manufacturing sub-sector with
0.8 percent and utilities sub-sector with the lowest of 0.2 per cent.