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Food prices in Ghana remain largely stable – AGRA report

The latest AGRA Food Security Monitor report says food prices in Ghana remained largely stable in August compared to the previous month.

Food prices in Ghana remain largely stable – AGRA report

According to the latest AGRA Food Security Monitor report, food prices in Ghana remained relatively stable in August compared to the previous month. The overall food price conditions were unchanged compared to July, with variations across commodities such as rice, maize, and sorghum.

Rice prices remained stable at GHS 11,100 per metric ton (MT), with no month-on-month change. Sorghum prices also stayed constant at GHS 5,833/MT. However, the national average price of white maize increased by 8.9% month-on-month to GHS 3,141/MT, but it remained lower than six-month and year-earlier levels.

On fuel prices, Ghana experienced an increase in August. Petrol prices rose by 3%, while diesel prices went up by 1% compared to July. This resulted in petrol and diesel prices being 29% and 19% higher than March levels, indicating persistent upward pressure in the domestic fuel market.

The report also highlights regional trends in West and Central Africa, where first-season maize production has generally remained near average. However, agricultural conditions remain fragile due to highly variable rainfall distribution and localized moisture deficits in countries like Nigeria, Mali, Burkina Faso, Benin, Chad, and parts of the Sahel.

Despite generally average rainfall forecasts across much of the region, drier-than-normal conditions are expected in some coastal zones and central Nigeria, which could impact crop performance later in the season.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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