GAWU Predicts Prolonged High Food Prices Until June

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The General Agriculture Workers Union (GAWU) has forecasted that food prices will remain high until the harvesting season begins in June, despite a recent decrease in food inflation to 27.1% in January 2024.

Related To This: Ghana's Inflation Inches Up to 23.5%

In an interview with Joy Business, General Secretary Edward Kareweh cautioned that the current lean season of production, coupled with the absence of widespread rainfall and ongoing lack of foodstuff harvesting across the country, will contribute to sustained high food prices.

Kareweh highlighted that staple crops like maize and rice are not being harvested in most regions, and the country is relying on last year's produce for consumption. He emphasized that until the Southern parts of the country begin their harvest around June/July, food prices are unlikely to decrease.

Related To This: Food Prices Will Rise Significantly If Imports Of 21 Items Are Restricted - GAWU

Additionally, he noted that specific sub-classes, including Alcoholic Beverages, Tobacco and Narcotics; Personal Care, Social Protection, and Miscellaneous Goods and Services; Restaurants and Accommodation Services; among others, have recorded inflation rates higher than the national average, indicating continued challenges in the cost of living for consumers.

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