Baah Wadieh, Government Statistician
The year-on-year producer inflation for all industry was 6.5 percent in November 2018, as the monthly change rate recorded -0.6 percent.
The Manufacturing sub-sector recorded the highest year-on-year producer price inflation rate of 8.6 percent, followed by the Mining and Quarrying sub-sector with 4.7 percent.
The Utilities sub-sector recorded the lowest year-on-year producer inflation of -0.1 percent.
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With respect to the monthly changes, Mining and quarrying recorded the highest inflation rate of 0.4 percent, followed by Utilities the sub-sector with 0.0 percent.
The Manufacturing sub-sector recorded the lowest inflation rate of -0.9.
In November 2017, the producer price inflation rate for all industry was 7.1 percent.
The rate increased to 8.7 percent in December 2017 but decreased consistently to record 3.7 percent in March 2018.
Subsequently, it increased to 8.2 percent in July 2018, but declined to 7.0 percent in August 2018 and further to 5.8 percent in September 2018.
In October 2018, the rate increased to 7.2 percent.
The producer inflation rate in the petroleum sub-sector was 27.7 percent in November 2017.
The rate increased to 36.4 percent in December 2017 but declined consistently to record 15.9 percent in March 2018.
Subsequently, the rate consistently increased to record 44.2 percent in June 2018, but decreased to 31.1 percent in September 2018.
It, however, resumed an upward trend to record 36.1 percent in October 2018.
The rate then declined to record 30.6 percent in November 2018.