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Ex-Factory Inflation Reaches 7.2%   
 
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23-Nov-2018  
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The year-on-year inflation from the producer’s perspective for all industry was 7.2% in October 2018. This rate is 1.4 percentage points higher than the rate recorded in September 2018 (5.8%).

Baah Wadieh, acting Government Statistician, who disclosed this to the media in Accra, said the monthly change rate for October 2018 was 1.6%.

The manufacturing sub-sector recorded the highest year-on-year producer price inflation rate of 9.7 percent, followed by the Mining and Quarrying sub-sector with 4.4 percent.

The utilities sub-sector recorded the lowest year-on-year producer inflation of -0.1 percent.

With respect to the monthly changes, Manufacturing recorded the highest inflation rate of 2.1 percent, followed by the Mining and quarrying sub-sector with 1.1 percent.

The Utilities sub-sector recorded no change in inflation rate.
 
 
Source: Daily Guide
 
 

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