Togo sees monthly price drop despite rising fuel costs

Togo has experienced a shift in its economic indicators, with general price levels recording a 2% decrease in August 2026. This marks the first monthly decline since October 2025, driven largely by a 5.9% drop in food and non-alcoholic beverage prices. Notable decreases were seen in imported tomatoes, which fell by 52.1%, and various cereal and fish products.

Despite this monthly deflation in food and housing costs, the country faces rising energy expenses. On September 11, the Togolese government implemented a new increase in petroleum product prices. This follows a previous hike in May, resulting in cumulative increases of up to 20% for unleaded super and 62.5% for kerosene.

The opposition party, Alliance Nationale pour le Changement (ANC), has condemned the fuel price hikes as ‘socially unsustainable and unacceptable,’ particularly as they coincide with the start of the school year. The ANC argues that rising fuel costs will trigger secondary price increases in transport, food, and essential services, further straining the purchasing power of Togolese citizens.