Producer prices in Ghana rose 8.8 percent year-on-year in July 2019, following a downwardly revised 7.1 percent rise in the previous month. This is the highest producer inflation since December of 2017. Prices advanced faster for mining & quarrying (27.6 percent vs 22.4 percent in June); utilities (6.9 percent vs 1.1 percent), mostly due to hikes in electricity and water tariffs with effect from July; and manufacturing (5.4 percent vs 5.3 percent). On a monthly basis, producer prices inched up 1.9 percent, after a 1.6 percent increase in the previous month. Producer Prices Change in Ghana averaged 14.69 percent from 2009 until 2019, reaching an all time high of 48.56 percent in August of 2014 and a record low of 2 percent in July of 2017.

Producer Prices Change in Ghana is expected to be 6.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Ghana to stand at 7.00 in 12 months time. In the long-term, the Ghana Producer Prices Change is projected to trend around 5.20 percent in 2020, according to our econometric models.

Ghana Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-22 10:10 AM PPI YoY Apr 7.1% 7.1% 7.3%
2019-06-19 10:05 AM PPI YoY May 6.7% 7.1% 7.3%
2019-07-17 10:10 AM PPI YoY Jun 7.6% 6.7% 6.5%
2019-08-21 10:20 AM PPI YoY Jul 8.8% 7.1% 7%
2019-09-18 10:00 AM PPI YoY Aug 8.8% 8.0%
2019-10-17 11:00 AM PPI YoY Sep 6.5%
2019-11-21 11:00 AM PPI YoY Oct 7.0%


Ghana Prices Last Previous Highest Lowest Unit
Inflation Rate 9.40 9.10 63.10 0.40 percent [+]
Consumer Price Index CPI 242.00 240.50 242.00 9.81 Index Points [+]
Producer Prices 650.30 638.30 650.30 135.81 Index Points [+]
Food Inflation 6.60 6.50 9.70 5.00 percent [+]
Inflation Rate Mom 0.60 0.80 10.87 -3.34 percent [+]
Producer Prices Change 8.80 7.10 48.56 2.00 percent [+]
Cpi Housing Utilities 340.70 339.60 340.70 94.76 Index Points [+]
Cpi Transportation 383.10 382.80 383.10 98.06 Index Points [+]


Ghana Producer Prices Change

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Ghana Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ghana Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8.80 7.10 48.56 2.00 2009 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 52.40 Jul/19
Australia 2.00 Jun/19
Brazil 6.50 Jul/19
Canada -1.70 Jul/19
China -0.80 Aug/19
Euro Area 0.20 Jul/19
France 0.00 Jul/19
Germany 1.10 Jul/19
India 1.08 Jul/19
Indonesia 0.90 Aug/19
Italy -0.50 Jul/19
Japan -0.90 Aug/19
Mexico 3.38 Jul/19
Netherlands 0.19 Jul/19
Russia 1.10 Jul/19
Saudi Arabia 2.70 Jul/19
Singapore -6.00 Jul/19
South Africa 4.90 Jul/19
South Korea -0.30 Jul/19
Spain -0.80 Jul/19
Switzerland -1.90 Aug/19
Turkey 13.45 Aug/19
United Kingdom 1.80 Jul/19
United States 1.80 Aug/19


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