Prices of some foodstuffs and products are expected to go down from this week.
This will affect imported products and other items brought in by members of the Food and Beverage Association, which includes beverage manufacturers, importers, firms in the food chain industry, and transporters.
The review has been influenced by savings made by members due to the cedi’s record appreciation against the dollar in the first quarter of this year.
“Prices have been reduced by 7% at the wholesale level. The impact on the market will be felt between now and next week. However, on the local production side, it is going to take time,” Executive Secretary of the Association, Samuel Aggrey, said.
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