Togo’s inflation rate continued to fall, reaching 0.8% in September 2025, down from 1.1% in August, according to new data from the National Institute of Statistics (INSEED). This steady decline, which began in late 2024, keeps inflation well below the 3% threshold set by the West African Economic and Monetary Union (WAEMU).
The drop is mainly driven by lower food prices, supported by the first harvests in both northern and southern regions. Markets have recorded sharp decreases in the prices of yams, cassava, tomatoes, peppers, maize, and local rice. For example, yam prices fell by more than 40% in one month, while tomatoes dropped by nearly 20%, according to INSEED. The government’s measures to boost food production and support households have also helped ease consumer prices.
With inflation below 3% since January, Togo is reinforcing its economic stability and investor confidence. However, analysts note that maintaining this trend may be challenging as year-end demand typically drives prices higher.
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