Ghana Statistical Service Launches First-Ever Food Price Variability Report at KsTU
The Ghana Statistical Service (GSS) has successfully launched its first-ever Food Price Variability Report at Kumasi Technical University (KsTU). The report, which was jointly launched by the Government Statistician, Prof. Samuel Kobina Annim, and the Pro Vice Chancellor of KsTU, Prof. Gabriel Dwomoh, provides an overview of the prices of selected food items within and across the 16 administrative regions of Ghana.
The report found that the Greater Accra region is the most expensive region for food, with average prices being 20% higher than those in the Upper West region, which is the least expensive region. The report also found that prices for most food items have increased since January 2022, with the largest increases being for imported rice (25%), cooking oil (20%), and beef (15%).
Prof. Annim said that the report was launched in response to the growing concern about the high cost of food in Ghana. He said that the report would help to inform policymakers and stakeholders about the factors that are driving food prices and would help to develop strategies to address the issue.
Prof. Dwomoh said that KsTU was proud to host the launch of the report and that the university was committed to supporting the GSS in its work. He said that the report would be a valuable resource for students and researchers at KsTU and would help them to better understand the Ghanaian economy. He also stressed that the data as periodically churned out by the Ghana Statistical Service is reliable, accurate, and not borne out by any individual’s or group’s parochial interest.
The report is available on the GSS website.