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GHANA WEATHER

Increased manufacturing pushes PPI for February to over 10%; highest in 12 months

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The average price of goods and services received by domestic producers in the country for their production activities, in the month of February went up by 10.3 percent, when compared with the prices received by the producers in February last year.

The increase in prices which brings the Producer Price Inflation rate for February 2021, to 10.3 percent, is the highest in the past 12 months.

According to Government Statistician, Professor Samuel Kobina Anim, manufacturing of food products and beverages accounted significantly to the increase in producer price inflation for the month of February.

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