The Statistics Division, operating under the Ministry of Finance and Corporate Governance, has released the Consumer Price Index (CPI) data for May 2025, revealing a continued downward trend in inflation. Over the twelve months ending in May, the CPI declined by 0.6%, following a 1.2% drop in April. Similarly, the All Items Less Food and Energy index fell by 1.4% during the same period. These declines were primarily driven by reductions in housing, water, electricity, gas, transport, and household maintenance costs. Notably, the index for Furnishings, Household Equipment, and Routine Household Maintenance plummeted by 5.1%, while Transport Services saw a significant 13.0% decrease. Collectively, these categories account for 45.7% of the All Items Less Food and Energy index. On a monthly basis, the CPI decreased by 0.6%, with the Food and Non-Alcoholic Beverages Index dropping by 0.3%. The Food Index experienced a slight decline of 0.4%, with six out of nine major supermarket food groups recording decreases. Key contributors to this decline included Milk, Cheese and Eggs (-3.1%), Bread and Cereals (-2.5%), and Vegetables (-1.0%). However, Meat and Meat Products and Fish and Seafood saw increases of 3.4% and 1.1%, respectively. The Non-Alcoholic Beverage Index rose by 1.5%, driven by a 5.7% increase in Fruit and Vegetable Juices. The CPI, a key measure of inflation, tracks the average price changes of goods and services purchased by households. Prices are collected monthly and quarterly from supermarkets and other suppliers, with expenditure patterns derived from household budget surveys. For more detailed methodology and access to the full CPI report for May 2025, visit the Statistics Division’s official website at www.statistics.gov.ag.
Latest Consumer Price Index Shows Lower Prices Overall, Meat and Seafood Show Small Rise
