Ghana producer inflation edges up to 11.3 pct in May

Customers peruse goods at Makola market in Accra, Ghana, June 15, 2015. Picture taken June 15. REUTERS/Francis Kokoroko

ACCRA (Reuters) - Ghana's producer price inflation (PPI) edged up to 11.3 percent year-on-year in May from a revised 11.2 percent the month before, the statistics office said on Wednesday. PPI is a major component of consumer inflation, which has consistently remained above government target. The West African commodity exporter is implementing a three-year aid deal with the International Monetary Fund to restore fiscal balance. (Reporting by Kwasi Kpodo; Editing by Matthew Mpoke Bigg)