Tag: food prices
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Food prices push August inflation rate to 9.7%
The continuous rise in the prices of food items continues to dominate overall inflation in Ghana. Data from the Ghana Statistical Service indicates that the year-on-year inflation rate for August 2021 stood at 9.7. Food inflation in the month of August stood at 10. 9 relative to nonfood inflation of 8.7 which indicates a differential…
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Surge in food prices pushes year-on-year inflation rate to 9% in July
Significant increases in food prices across the country have pushed year-on-year inflation for July 2021 to 9%. This is the highest rate of inflation recorded since March of this year when the inflation rate stood at 10.3 percent. This was captured in the Consumer Price Index (CPI) data released by the Ghana Statistical Service. The…
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Agbogbloshie & Mallam Atta Markets: Traders lament impact of heavy rains on patronage
The onset of the rains in Ghana around this time is largely a blessing for the population engaged in farming, especially because irrigation facilities are woefully inadequate, making all-year round farming challenging. However, aside from the floods that render many homeless, some traders at the Agbogbloshie and Mallam Atta Markets in Accra say the rains…
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Food prices to keep rising due to impact of COVID-19 – Esoko
Commodity price survey service company, Esoko, is predicting that the prices of food items will continue to rise in the coming weeks due to the impact of COVID-19 on supply and production of some commodities. This is premised on the fact that for the post lock down period, two of the major staple foodstuff, cassava…
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Food prices have reduced; but we must stabilize it – Esoko
Esoko Ghana, a provider of digital solutions and services for agriculture and data collection, has charged government to do more to stabilize the prices of food and other commodities on the market by boosting production. The comment follows President Akufo-Addo’s remark that the Planting for Food and Jobs policy has helped to reduce the prices…
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Food prices to surge over increase in transportation — Esoko
Prices of foodstuff are likely to go up between two and five percent in the next couple of weeks. This is according to Commodity analyst, Esoko Ghana. According to Esoko, the increase in prices of foodstuff can be attributed heavily to the 10 percent increase in transport fares. The Ghana Private Road Transport Union (GPRTU)…
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Foodstuff prices to remain high in July – Esoko
Prices of foodstuff are expected to go up this month [July] as challenges facing agric production remain unresolved. Analysis released by Esoko Ghana reveal that prices of foodstuffs including tubers and vegetables are expected to go up. Content Manager at Esoko Ghana Francis Danso Adjei explains that the increase in prices of commodities can be…
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Food prices reduce in Accra markets
Prices of foodstuffs in the various markets in Accra have dwindled, traders have told Citi Business News. This is contrary to assertions that prices of foodstuffs have increased across markets in the national capital. Checks by Citi Business News across the various markets reveal that most foodstuffs are still selling at the old prices while…