FOOD PRICES ACROSS GHANA IN JULY 2019
Most commodities dipped in prices, for the month of July. There was a sharp decrease in the price of a crate of tomatoes, it lost 31.75% from the previous price of GHS 713.33 to close the month at GHS 486.83. Cassava fresh tuber also dipped by 6.41% to close at GHS 73.00 per bag with Gari losing 5.49% to close at GHS 196.71. Maize lost 1.90 percent to close at GHS 162.14 per bag. Local rice lost 1.84% to close at GHS 327.43 per bag with Soya losing 1.55% to close at GHS 235.57 per bag. Groundnut also lost 1.14% to close at GHS 563.57 per bag.
Although there were decreases in prices, some commodities increased in prices. Cowpea white gained 1.82% to close at GHS 375.43 per bag with Wheat also making a gain of 0.85% to close at GHS 308.60 per bag. Imported rice made a gain of 0.80% to close at GHS 352.80 per bag. Millet and Pona both made marginal gains of less than 0.20%.
Out Look for August, all things being equal, most commodities are expected to drop in prices because of the harvesting of most crops, which should increase supply in the markets.
The average price for a bag of maize dropped 1.90% to close the month at GHS 162.14. The highest price of GHS 220 was recorded at Takoradi, with the lowest price of GHS 105 at Bawku.
The average price for a bag of local rice dropped 1.84% to close the month at GHS 327.43. The highest price of GHS 407 was recorded at Accra, with the lowest price of GHS 260 recorded at Tamale.
A crate of tomato dropped by 31.75% on average to close the month at GHS 486.83. The highest price of GHS 800 was recorded at Dambai and the lowest price of GHS 300 recorded at Kumasi.