The Ghana Statistical Service (GSS) has suggested that implementing national policies supported by regional initiatives could reduce the increase in goods and services prices in the long term. 

The GSS has advised that the regulatory actions adopted by the Bank of Ghana and other related state institutions to control inflation should be backed by regional-level actions. Professor Samuel Kobina Annim, the Government Statistician, explained at the launch of the "Food price variability across Regions in Ghana" report in Kumasi, Ashanti region, that taking into consideration the role of sub-national government and other real sector ministers could help hasten a downward trend in inflation. 

According to the 2017/2018 Ghana Living Standard Survey, households' expenditure on food to total expenditure was 42.9%. However, the quarterly survey showed that the share of food inflation in households had increased from 42.9% in January 2022 to over 60% in April 2023. 
Professor Annim suggested that we look at the entire value chain of food prices and manage the food system more carefully to reduce prices. He added that the report showed a lot of within-region variations more than across-region variation, and commodity-specific rather than a generalistic case where it cuts across all different commodities. 

The report analysed price variations in food products across the 16 regions and explored trends in food prices between January 2022 and April 2023, focusing on food inflation. It provided information on the price variations of ten selected food items, including beef, bread, cassava, cooking oil, imported rice, milk, millet, plantain, tomato paste, and yam. The analysis showed that goods with uniform packaging, such as milk and tomato paste, had less price fluctuation between regions. In contrast, food items without standard packaging, including cassava and plantain, had substantial variations across areas due to supply-side factors such as transportation costs, local production cost variations, supply chain disruptions, and seasonality. 

The report emphasises the importance of ensuring access to food as a priority development target, reflecting the Sustainable Development Goal Two of ending hunger and providing access to all people. It means that people, particularly the poor and vulnerable in society, including infants, should have access to safe, nutritious, and sufficient food all year round.

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