The rate indicates that, from October 2015 to October 2016 (year-on-year), the PPI increased by 9.8 per cent.
The rate represents a 0.1 percentage point increase in producer inflation relative to the rate recorded in September 2016 (9.7 per cent).
The monthly change in the producer price index from September to October was -0.4 per cent.
This was disclosed by Mr Baah Wadieh, Acting Government Statistician, at a press conference on Wednesday.
The Utilities sub-sector recorded the highest year-on-year producer price inflation rate of 38.2 per cent, followed by the Mining and Quarrying sub-sector with 14.7 per cent. The Manufacturing sub-sector recorded the lowest year-on-year inflation rate of 3.0 per cent.
With respect to the monthly changes, the Manufacturing sub-sector recorded the highest rate 0.9 per cent while Mining and Quarrying sub-sector recorded the lowest rate of -3.9 per cent whilst the utilities sub-sector remained unchanged.