Ghana's Consumer Price Index Declines to 22.40% in March 2025 Year-Over-Year
In a welcome development for the Ghanaian economy, the Consumer Price Index (CPI) dipped to 22.40% in March 2025, compared to 23.10% in March 2024. The data, updated on April 2, 2025, illustrates a year-over-year decline indicating that inflationary pressures may be easing in the country.
The Consumer Price Index measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households. The recent figures suggest that the inflation that has persisted over the past year could be on a downward trajectory, although it remains pertinent for economists to monitor whether this trend will continue in the upcoming months.
This marginal drop in CPI comes amidst varying economic conditions globally and shows promise for Ghana's economic outlook, providing relief to businesses and consumers alike. Policymakers and investors will be closely watching future data releases to gauge the country's economic health and prospects more accurately.
The material has been provided by - RobotFX
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