US EditionGhana: Producer Inflation Eases to 10.2 Percent in May
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6 Articles
Producer inflation eases to 10.2% in May
The country’s year-on-year producer price inflation in May 2025 fell to 10.2 per cent from 18.5 per cent in April. This represents a decline of 8.3 percentage points from 18.5 per cent in April 2025. The Government Statistician, Dr Alhasan Iddrisu, who disclosed this in Accra on Wednesday when he released data on the May 2025 PPI, said the May PPI marked a fourth consecutive decline in producer price inflation. “Producer inflation is declining …
Producer prices of industrial products were 1.2% lower in May 2025 than in May 2024. In April 2025 the rate of change was -0.9% compared with the same month of the previous year. The Federal Statistical Office (Destatis) also reports that producer prices fell by 0.2% in May 2025 compared with the previous month. {/mprestriction} The main reason for the decline in producer prices compared with the same month of the previous year was the lower ene…
Producer prices for industrial products were 1.2% lower in May 2025 than in May 2024. In April 2025, the year-on-year change rate was -0.9%. According to the Federal Statistical Office (Destatis), producer prices fell by 0.2% in May 2025 compared to the previous month.
Economy Shows Strong Recovery As Producer Price for May Declines to 10.2%
The Producer Price Inflation saw another period of decline in May on the back of stable price conditions in most sectors as the Ghanaian economy begins to make a comeback from years of exchange rate volatility, high inflation and a debt restructuring programme that pushed bondholders to take haircuts on their investment. The Ghana Statistical […]
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