FX.co ★ Ghana's Producer Price Index (PPI) Surges to 16.5% in March 2024

Ghana's Producer Price Index (PPI) witnessed a significant surge in March 2024, reaching 16.5%. This marks a notable increase from the previous indicator of 12.1%. The data was updated on 17 April 2024, highlighting the latest economic developments in the country.

The Year-over-Year comparison reveals the substantial growth in the PPI, indicating a robust performance in the Ghanaian economy. The PPI serves as a crucial indicator of inflationary pressures in the production process, reflecting changes in input prices for domestic producers.

As Ghana continues to navigate economic challenges and opportunities, the latest PPI figures underscore the importance of monitoring key indicators to assess the country's economic health and stability. Stay tuned for more updates on Ghana's economic landscape and performance.