Togo inflation slows to 0.8% in September as food prices decline

Economic governance

Monday, 27 October 2025 12:57

Togo inflation slows to 0.8% in September as food prices decline

(Togo First) - Prices in Togo continued to stabilize in September 2025. According to recent data from the National Institute of Statistics and Economic and Demographic Studies (INSEED), the inflation rate fell to 0.8%, down from 1.1% in August. This is seen as positive news for households, as price stability remains a priority for economic authorities.

The decline confirms a trend that began at the end of 2024. Over the first nine months of 2025, inflation has stayed below the 3% threshold set by the West African Economic and Monetary Union (WAEMU) as part of its convergence criteria. In December 2024, inflation stood at 2.9%, showing a steady decrease throughout the year.

The easing is mainly due to falling food prices. September marks the start of the harvest season, particularly in agricultural areas in both the north and south. Markets recorded notable price drops for several staples, including yam, cassava, tomato, pepper, maize, and local rice.

According to INSEED, some price variations were substantial: yam for fufu dropped by more than 40% in one month, local tomatoes by nearly 20%, peppers by 25.2%, cassava by 15.3%, and white maize by 9.7%. Traditional dishes such as fufu and wokoumé, a maize paste, also saw price decreases of 5–7%.

This trend also reflects the Togolese government’s measures to curb consumer prices through agricultural production support, favorable tax policies, and targeted household assistance. The goal is to preserve purchasing power and prevent spikes in staple food prices, while several neighboring countries continue to face inflation rates above 5%.

With an average inflation rate below 3% since January, Lomé is reinforcing its economic stability, enhancing the country’s credibility with lenders and investors. The drop from 2.9% in December 2024 to 0.8% in September 2025 shows nearly continuous disinflation over nine months, following the peaks of 2022 and 2023.

It remains to be seen whether this trend will hold toward the end of the year, a period often marked by seasonal increases in demand and prices.

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