These are the prices mentioned by the Minister of Finance
Following the cedi’s appreciation in the last six months, the prices of goods and services have responded positively.
During the presentation of the 2025 Mid-Year Budget Review, the Minister of Finance, Dr Cassiel Ato Forson, stated that the appreciation of the local currency over the past six months has influenced the real prices of goods on the market.
According to the minister, prices of goods have reduced on the market.
He listed the following price changes:
• A 25kg bag of Royal Aroma rice, which sold for GH¢650 in January, is now selling for GH¢356.
• An olonka of sugar has dropped from GH¢50 in January to GH¢44.
• A 25-litre container of cooking oil has reduced from GH¢980 to GH¢640.
• A sack of kokonte has decreased from GH¢1,200 to GH¢950.
• A tonne of iron rods, previously GH¢9,400, is now selling at GH¢7,500.
• A paint bucket of onions has gone down from GH¢120 to GH¢95.
• POP cement, which sold at GH¢115 in January, now sells for GH¢90.
• A sack of maize has dropped from GH¢1,600 to GH¢1,450.
• The price of Yazz sanitary pads has reduced from GH¢25 in January to GH¢15.
• An olonka of palm fruits, which used to sell for GH¢40, is now being sold for GH¢25.
To corroborate this, GhanaWeb Business conducted a research at some local stores that showed that indeed, prices of some items have reduced.
1. The price of Yazz sanitary pads, which used to sell between GH¢18 and GH¢20, is currently selling between GH¢18 and GH¢15.
2. An olonka of sugar, which used to sell between GH¢50 and GH¢55, is currently selling between GH¢44 and GH¢38.
3. A sack of kokonte has decreased from GH¢1,100 to GH¢900.
4. A small paint bucket of onions is currently selling between GH¢60 and GH¢70.
5. A sack of maize is currently selling at GH¢1,400 from GH¢1,600.
6. A 25-litre container of cooking oil has reduced from GH¢900 to GH¢650.
Other things like kokonte, iron rods, and cement prices have reduced as well.
SSD/AE
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