Mining, Water Supply and Transport Drive Producer Inflation Surge
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Ghana's producer inflation rate has risen sharply to 5.8 percent in May, up from 2.7 percent in April, according to the latest data.
The increase was largely driven by higher costs in the mining and quarrying sector, water supply, and transportation, which recorded significant upward pressure on producer prices.
The latest figures from the Ghana Statistical Service (GSS) point to rising production costs across key sectors of the economy, raising concerns about potential spillover effects on consumer prices in the coming months.
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