The Ghana government’s temporary petroleum relief measures and a stable exchange rate have helped contain inflationary pressures amid global market volatility. The measures have cushioned households and businesses from international crude oil price shocks that could otherwise have triggered sharper increases in transport fares and the prices of goods and services. “The first time we saw increases in crude oil prices because of the Middle East war, we saw prices jump from around $80 per barrel to over $100 and that was very biting,” the Government Statistician said. He, however, said the targeted government intervention had effectively shielded households and businesses from international crude oil shocks that would otherwise have triggered aggressive increases in commercial transport fares. He also urged the Government to complement temporary fuel relief measures with targeted investments in domestic food storage, agricultural logistics and transit infrastructure to reduce structural reliance on emergency subsidies.