Ghana’s inflation rate dropped to 21.2% in April 2025, down from 22.4% in March 2025. This marks the fifth consecutive month of year-on-year decline since December 2024.
Announcing the figures at a press briefing in Accra on May 7, 2025, government Statistician Dr. Alhassan Iddrisu attributed the downward trend to easing pressures on both food and non-food prices. However, he cautioned that the month-on-month increase in prices calls for continued vigilance.
“The Consumer Price Index (CPI) for April 2025 stood at 258.6, compared to 213.3 in April 2024. This means prices in April 2025 were 21.2% higher than those in April 2024, a 1.2 percentage point drop from the March rate.”
He urged households to adopt prudent spending habits and encouraged businesses to leverage the easing cost pressures for growth.
Mr. Iddrisu emphasized the importance of maintaining macroeconomic stability and implementing strategies to support the continued decline in inflation.
“Government must also work hard to sustain social intervention programmes such as the Livelihood Empowerment Against Poverty (LEAP), Capitation Grant , School Feeding and other programmes that can protect the real income of the poor.”
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Story by: Mary Amponsah | univers.ug.edu.gh
Edited by: Wahab Abdul Razak
