Wholesale prices rose by 5.9% in September 2022 from August 2022, the Ghana Statistical Service announced on Wednesday.
The producer price index, a measure of the average change over time in the prices received by Ghana-based producers for the production of their goods and services increased by 45.6% on a 12-month basis.
The producer price inflation in the Industry sector increased to 54.5 per cent in September 2022 from 48.6 per cent in August 2022.
In the construction sector, the rate declined marginally from 26.2 per cent in August 2022 to 25.1 per cent in September 2022.
In the Services sector, the rate was 5.7 per cent in August 2022 compared to 5.6 per cent in September 2022.
Mining and quarrying (57.5%), and manufacturing (58.2%) recorded the highest rates while Information and communication activity recorded the lowest rate of 0.9 per cent in September 2022.
Source: Mybrytnewsroom.com/Kwabena Nyarko Abronoma
