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Home » Oppong Nkrumah questions credibility of January inflation figures

Banking and FinanceBusinessCommerceGovernanceNational NewsParliamentPolitics

Oppong Nkrumah questions credibility of January inflation figures

Agyemkum Tuah
Last updated: February 5, 2026 8:21 pm
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The Ranking Member on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has cast doubt on the credibility of Ghana’s January 2026 inflation figures, arguing that they do not reflect the lived experiences of the ordinary Ghanaian.

According to data released by the Ghana Statistical Service (GSS) on Wednesday, February 4, inflation declined to 3.8 percent in January, down from 5.4 percent in December 2025. The GSS attributed the 1.6 percentage point drop to easing price pressures across selected goods and services.

However, reacting to the announcement, the Ofoase-Ayirebi Member of Parliament said conditions in markets across the country suggest a different reality. He noted that feedback from constituents and the general public indicates that the cost of goods and services remains high, contradicting the official figures.

Oppong Nkrumah stressed that parliament would seek further clarification from the Government Statistician to better understand the data and reconcile it with the cost-of-living pressures faced by citizens.

He maintained that accurate and credible statistics are critical for effective economic planning and for restoring public confidence in official economic data.

Source: happyghana.com

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TAGGED:Economy and Development Committee of ParliamentGhana Statistical ServiceInflation figuresKojo Oppong NkrumahOfoase-Ayirebi
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