Ghana Consumer Price Index

Ghana’s Consumer Price Index (CPI) reached 836.75 in 2025, placing the country tenth in the world according to World Bank data and marking an all‑time peak after 62 years of measurement that began in 1964 when the index was recorded at 0.00. The steep climb reflects persistent inflationary pressures, driven by currency depreciation, rising import costs and expansive fiscal policies that have amplified price levels across food, energy and services. Compared with peers, Ghana’s CPI is slightly lower than Belarus’s 818.46 but well beneath the 1,094.09 recorded for Malawi, indicating that while inflation is severe, it remains moderate relative to some other low‑income economies. The historical trough of 0.00 in 1964 underscores the dramatic transformation of Ghana’s price environment over six decades. If monetary tightening and structural reforms succeed in curbing demand‑pull pressures, the upward trajectory of the CPI could stabilize, potentially averting further spikes in consumer prices.