Comparative score · NCES
58.2latest · 2026 Q2
Higher = better
Δ Quarter-on-quarter
+0.7
vs. previous quarter
Δ Year-on-year
+2.6
vs. same quarter, 1y ago
vs. 5-yr average
+7.3
5-yr avg 50.9
5-yr percentile
100th
higher rank = better
Comparative score · CMHI
68.7latest · 2026 Q2
Higher = better
Δ Quarter-on-quarter
+0.6
vs. previous quarter
Δ Year-on-year
+2.2
vs. same quarter, 1y ago
vs. 5-yr average
+8.0
5-yr avg 60.7
5-yr percentile
100th
higher rank = better
Comparative score · CHI
44.3latest · 2026 Q2
Higher = worse (harm/risk-style index)
Δ Quarter-on-quarter
-1.1
vs. previous quarter
Δ Year-on-year
-4.2
vs. same quarter, 1y ago
vs. 5-yr average
-11.9
5-yr avg 56.2
5-yr percentile
5th
higher rank = worse
Consumer Intelligence Observatory Ghana

The state of Ghana's consumer economy, measured.

CIOG is a standing national observatory that measures consumer market conditions with the same rigor a central bank applies to the financial economy. Five indices, one composite score, continuous signal.

National Consumer Economy Score
NCES · Composite of 5 indices
58.2
/ 100
Fragile

NCES blends Health, Trust and Resilience as positive contributors with inverted Vulnerability and Market Risk. Methodology and weights are public.

NCES history · live from observatory database

Composite score trajectory

Latest reading: 2026 Q2 · GSS CPI Apr 2026; Findex 2025; NCA fraud bulletin 2026 Q2

26 observations
Data vintage: 2020 Q1 – 2026 Q2 · live from nces_metrics
Source citation: GSS CPI Apr 2026; Findex 2025; NCA fraud bulletin 2026 Q2
Cross-index signal

What the five indices are telling us this quarter

Trust ↔ Risk

Trust is moderate while systemic risk is elevated — a familiar pre-shock signature. Consumers are still transacting but exposure is building underneath.

Vulnerability ↔ Resilience

High vulnerability with fragile resilience means even a moderate shock would translate into measurable household harm. Buffer policies should be prioritized.

Health ↔ Trust

Market health outpaces trust — the economy is functioning faster than the social contract that supports it. Watch for compliance and redress backlogs.

Who uses CIOG

A shared instrument panel for the consumer economy

CIOG publishes the data once, in the open, so regulators, central bankers, researchers and the public can argue from the same numbers.

  • Central Bank of Ghana
  • Consumer Protection Agencies
  • Sector Regulators
  • Universities & Researchers
  • Development Partners
  • Media Organizations
  • Policy Makers
  • Businesses
Underlying sources · this reading

Where the numbers come from

Each index is anchored to publicly available Ghana indicators and, where necessary, regional benchmarks. Citations below are the primary inputs feeding the current reading; full mapping is published in the methodology.

  • CMHI
    GSS CPI Apr 2026; BoG Financial Soundness Indicators 2025 H2
  • CVI
    GSS GLSS8 (2025); World Bank Findex 2025; FDA Ghana complaints 2026 Q1
  • CBTI
    Afrobarometer Round 10 Ghana (2025), trust in formal institutions
  • MRI
    BoG Financial Stability Review 2025 H2; NCA fraud bulletins 2026
  • CERI
    World Bank Findex 2025 (savings, insurance); SSNIT active-membership 2025; GLSS8 consumption-shock module (2025)