Consumer Prices Shift, Cedi Holds Firm, Stocks Outperform — Here’s What to Know
- asanteyawobed
- May 28
- 2 min read
Ghana's economy continues to display a blend of resilience and volatility, as highlighted in the latest edition of the Cedi Board® by Finex Insights. From consumer goods price shifts to stock market gains, here’s a detailed breakdown of the nation’s financial snapshot as of May 28, 2025.
Inflation & Pricing Trends: Essentials in Focus
Fanta (1.5L) Hits GH¢28 – A 12% Year-on-Year Rise
Consumers are paying more for everyday beverages. The price of a 1.5-litre bottle of Fanta has jumped to GH¢28.00, marking a significant 12% increase from its 2024 price of GH¢25.00. This price hike reflects broader inflationary pressures on consumer goods.
Frytol Oil (25L) Drops to GH¢800 – A Welcome Relief
In contrast, cooking oil prices are on a decline. A 25-litre container of Frytol Oil now sells for GH¢800, down 11.11% from GH¢900 in November 2024. This decrease could help ease household expenditure pressures, especially amid ongoing food inflation.
USD to GHS Interbank Rate at GH¢10.31
The Bank of Ghana's interbank USD/GHS selling rate sits at GH¢10.31, signaling a relatively stable cedi, which may influence import costs and inflation dynamics moving forward.
In The News: Health & Transportation Updates
Mpox Cases Climb: Ghana Health Service has confirmed 10 new Mpox infections, bringing total cases to 19.
Fuel Prices May Drop to GH¢12/Litre: With a stable cedi, the Association of Oil Marketing Companies hints at potential fuel price reductions.
No Change in Ride-Hailing Fares: Despite falling fuel costs and cedi gains, ride-hailing fares remain unchanged, according to the Ghana Online Drivers Union.
Investor’s Insight: Access Bank Shares Surge by 94.62% YTD
One of the most compelling developments is the stellar performance of Access Bank shares, which have soared by 94.62% year-to-date on the Ghana Stock Exchange. An investment of GH¢10,000 at the beginning of 2025 would now be valued at GH¢19,462, underscoring strong growth momentum in the financial sector.
"This exceptional growth reveals promising prospects for local investors and highlights Access Bank as a key player in Ghana's equity market," - Finex Insights analyst.
🚨 Trending Topic: #GPRTU Fare Reduction
Amid discussions around fuel price movements, public demand for fare reductions is mounting under the hashtag #GPRTU despite the directive from the Ghana Private Road Transport Union to all drivers to reduce fares by 15%.
Final Thoughts
The May 2025 Cedi Board report encapsulates the economic crosscurrents shaping everyday life in Ghana. As food and utility costs fluctuate and local equities outperform, both consumers and investors must stay informed and agile.
Stay updated with daily editions of Ghana in Numbers – Cedi Board® and follow @finexinsights for more real-time financial insights.
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