• About Us
  • Contact Us
Account
GTB
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
Account
Ghana Talks Business
No Result
View All Result

This is how much you will be paying for food in Ghana- April 2020

13/04/2020
Reading Time: 4 mins read
food prices in august, ghanatalksbusiness.com

food

405
SHARES
Share on FacebookShare on TwitterShare on WhatsApp

Food Prices in Ghana have shot up in the month of March, latest Commodity Index report from Esoko indicates.

According to Esoko, at the end of trading activities in the month of March, prices of many commodities increased.  

Food prices- April 2020

There was a hike in the price of tomato from GH₵619.33 the previous month to GH₵665.17 per crate in March, representing an increase of 7.40%.

The report further indicates that Groundnut gained 1.44% to close at GH₵533.71 in March, that is from GH₵526.14 per bag in February with soya gaining 4.16% to close at GH₵261.00 from GH₵250.57 last month.

In addition to this, local rice also made a gain of 1.49% to close at GH₵329.86 from GH₵325.00 in February with wheat gaining 1% to close at GHS 283.60 per bag.

Maize saw an increase of 3.74% to close the month at GHS 138.86 per bag in March from GH₵133.86 within the same period in February with Gari also gaining 6.19% to close at GH₵200.86 per bag from GH₵189.14.

Again, Pona, a variety of yam, made a gain of 7.55% to close the month at GH₵667.17 with cassava also trading at GH₵96.50 per bag representing 6.34% increase from GH₵89.50.

Furthermore, Cowpea white closed trading at GHS 371.57 per bag representing an increase of 4.21%.

However, Millet and imported rice both gained less than a percentage point.

“Outlook for April 2020, with the COVID-19 pandemic and its uncertainties, it is expected that prices will show some upward movement if the lockdown continues

“However, if the lockdown should end soon, prices will drop because consumers would still have stock available for use and this will force traders to reduce prices”, the Esoko report said.

Below is the crop analysis graph.

Maize

The average price for a bag of maize gained 3.74% to close the month at GHS 138.86. The highest price of GHS 203.00 was recorded at Takoradi. The lowest price of GHS 95.00 was recorded at Bawku.

Rice Local

The average price for a bag of local rice gained 1.49% to close the month at GHS 329.86. The highest price, GHS 400, was recorded at Accra and Dambai with the lowest price of GHS 252.00 recorded at Tamale.

Tomato

A crate of tomato gained 7.40% to close the month at GHS 665.17. The highest price, GHS 840, was recorded at Dambai and the lowest price, GHS 450.00, recorded at Kumasi.                                                                                                                                                                                                                                                                                                                  

Previous Post

Ghana commences local production of Personal Protective Equipment as coronavirus cases surge

Next Post

Crude oil prices will fall further even after OPEC+ deal- Goldman Sachs

Related Posts

Food prices to fall

Food prices to fall by end of August – Esoko

21/08/2021
Agribusiness startup in Ghana

This agribusiness start-up has brought novelty to cocoa processing in Ghana

12/01/2021
Food prices to fall

Food Prices – how much you may spend on food in November 2020

06/11/2020
Agribusiness firms

How a global pandemic could strengthen agribusiness in Africa

15/07/2020
food prices, July food prices, ghanatalksbusiness.com

Food prices: How you might spend on food in June 2020

05/06/2020
Food crises in Ghana, ghanatalksbusiness.com

Take steps to mitigate possible food crises in Ghana

30/05/2020
Next Post
Revenue from Oil and Gas industry, ghanatalksbusiness.com

Crude oil prices will fall further even after OPEC+ deal- Goldman Sachs

5G Technology

Ghana's Communication Authority debunks 5G Technology linkage with Coronavirus pandemic

  • About Us
  • Disclaimer
  • Privacy Policy
  • Advertising
  • Contact Us

© 2021 Ghana Talks Business

No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
  • Login

© 2021 Ghana Talks Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In