{"id":16432,"date":"2025-07-17T13:22:14","date_gmt":"2025-07-17T13:22:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/16432\/"},"modified":"2025-07-17T13:22:14","modified_gmt":"2025-07-17T13:22:14","slug":"producer-price-inflation-drops-to-5-9-lowest-since-november-2023","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/16432\/","title":{"rendered":"Producer price inflation drops to 5.9%, lowest since November 2023"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Producer-price-inflation-drops-to-5-9-lowest-since-November-2023-1992059?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/07\/56248699.295.jpg\" alt=\"Producer Price Inflation drops to 5.9% from 10.2% in June 2025\" title=\"Producer Price Inflation drops to 5.9% from 10.2% in June 2025\" width=\"295\" height=\"168\" \/> <\/a>Producer Price Inflation drops to 5.9% from 10.2% in June 2025<\/p>\n<p id=\"article-123\">Producer Price Inflation (PPI) for June 2025 dropped sharply to 5.9%, marking the lowest level recorded since November 2023, according to the latest data released by the Ghana Statistical Service (GSS).<\/p>\n<p>This represents a 4.2 percentage point drop from the 10.2% rate recorded in May 2025 and a significant 19.7 percentage point decline compared to the rate posted in June 2024. <\/p>\n<p>It also marks the fifth consecutive month of disinflation.<\/p>\n<p>On a month-on-month basis, the data revealed producer price deflation of 1.4%, indicating that average prices received by producers in June were lower than those in May 2025.<\/p>\n<p>The decline was largely driven by steep falls in the country\u2019s two dominant sectors.<\/p>\n<p>Inflation in the Mining and Quarrying sector, which holds the largest PPI weight of 43.7%, dropped from 13.7% in May to 6.5% in June, while inflation in the Manufacturing sector, accounting for 35% of the PPI basket, fell from 9.8% to 7.6%.<\/p>\n<p>Meanwhile, the Transport sector recorded deeper deflation at -7.0%, from -4.8% the previous month.<\/p>\n<p>The Hotels and Restaurants sub-sector also saw a significant swing from +6.5% in May to -2.7% in June, a sharp 9.2 percentage point reversal.<\/p>\n<p>The GSS noted that if the declining input costs are passed on, consumers could begin to experience meaningful price relief across transport, food services, and travel.<\/p>\n<p>SP\/VPO<\/p>\n<p>How Virtual Reality is enhancing business and customer experience<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Producer Price Inflation drops to 5.9% from 10.2% in June 2025 Producer Price Inflation (PPI) for June 2025&hellip;\n","protected":false},"author":2,"featured_media":16433,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-16432","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/16432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=16432"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/16432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/16433"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=16432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=16432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=16432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}