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Producer Price Inflation for September rises to 9.6 percent

The year-on-year Producer Price Inflation (PPI) rate rose slightly in September to 9.6 per cent compared with a 9...

Producer Price Inflation for September rises to 9.
Producer Price Inflation for September rises to 9.

The year-on-year Producer Price Inflation (PPI) rate rose slightly in September to 9.

6 per cent compared with a 9.

0 percent recorded in August this year.



The rate represents a 0.

6 percentage point increase in producer inflation relative to the rate recorded in August 2020.



Professor Samuel Annim, the Government Statistician, said the month-on-month.

change in producer price index between August 2020 and September 2020 was 0.

1 percent.



The producer price inflation in the Mining and Quarrying.

sub-sector decreased by 6.

1 percentage points over the August 2020 rate of 37.

9 percent to record 31.

8 percent in September 2020.



The Manufacturing sector, which constitutes more than two-thirds of.

the total industry, increased by 1.

9 percentage points to record 5.

9 percent.



The utility sub-sector recorded the same inflation rate of.

5.

8 percent as the rate for August 2020.



For the monthly changes, the mining and quarrying sub-sector.

recorded the highest inflation rate of 5.

2 percent, followed by manufacturing sub-sectors with 0.

2 percent.

The Utility sub-sector recorded no monthly inflation rate in August 2020.

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