Togo’s inflation rate for 2025 has dropped to its lowest level in three years, falling to 0.4% from 2.9% in 2024, according to the latest report from the National Institute of Statistics and Economic and Demographic Studies (INSEED).
This marks a significant decrease of 2.5 percentage points, highlighting a period of relative price stability across the country.
The Harmonized Index of Consumer Prices (HICP) stood at 102.2 in December 2025, a slight increase from the same period in the previous year, signaling overall price stability.
However, the report noted contrasting trends within various sectors. For example, housing, water, electricity, gas, and other fuels saw a sharp 9.4% year-on-year increase.
Meanwhile, food and non-alcoholic beverage prices, which make up a large portion of household expenses, experienced a decline of 2.0%.
In December 2025, consumer prices rose by 0.3% compared to November of the same year. The increase was mainly driven by higher prices in restaurants and accommodation services, which rose by 1.3%, as well as a 0.4% rise in food prices.
Some staple goods saw notable price hikes, including prepared meals and maize, which jumped 5.2%, and palm oil, which increased by 5.5%.
Prices also varied significantly across regions. In the capital city of Lomé, imported rice was priced at an average of 654 CFA francs per kilogram in December, compared to 457 CFA francs per kilogram in the Savanes region. Palm oil prices also differed, ranging from 1,855 CFA francs per liter in Lomé to 2,197 CFA francs in Kara. On a quarterly basis, compared to September 2025, the overall price level in December rose by 0.2%, largely driven by a 4.2% increase in the housing, water, electricity, gas, and other fuels category.