
Audio By Carbonatix
Executive Director of the Institute for Energy Policy and Research (INSTEPR), Kwadwo Poku, has urged the National Democratic Congress (NDC) to refrain from politicising Ghana’s inflation figures, insisting that inflation should not be presented as a direct measure of citizens’ standard of living.
Speaking on JoyNews’ Newsfile on Saturday, Mr Poku criticised what he described as attempts by the NDC to use inflation statistics to suggest that living conditions for Ghanaians have improved.
“We should take the politics out of inflation. NDC is trying to make inflation sound like a standard of living barometer. Inflation is not a standard of living barometer,” he stressed.
Mr Poku explained that while inflation measures changes in the prices of goods and services within a selected basket, it does not fully capture the everyday financial pressures faced by households.
He noted that key expenses such as rent, insurance, and school fees are not adequately reflected in the inflation basket, even though these costs continue to rise for many families.
“At the end of the day, when you look at your inflation basket, it doesn’t include rent, it doesn’t include insurance, and it doesn’t include school fees, which have increased,” he pointed out.
Mr Poku’s comments come amid growing public debate over Ghana’s recent inflation trends, with many citizens questioning whether the reported figures align with their lived economic realities.
He maintained that inflation data should be discussed objectively and not framed as proof that the cost-of-living crisis has eased.
Latest Stories
-
President Mahama optimistic about Ghana’s economic progress at Kwahu Business Forum 2026
6 minutes -
Prof. Kpessa-Whyte writes: Understanding SIGA’s policy of encouraging inter-trading among specified entities
21 minutes -
President Mahama calls for emergency Cabinet Meeting over rising fuel prices
24 minutes -
Gov’t to construct new concourse at Accra International Airport to ease congestion
45 minutes -
Day 3 of Gomoa Easter Carnival bursts with culture, music, and community spirit
47 minutes -
Gender Ministry launches National Shock-Responsive Social Protection Strategy to strengthen Ghana’s crisis response
1 hour -
Photos: Zimbabwean President Mnangagwa departs Ghana after state visit
1 hour -
Gov’t procures over 24,000 medical equipment to support free primary healthcare rollout
2 hours -
“President has failed; his fight against galamsey a disgrace” – Kofi Tonto
2 hours -
Nine dead in fatal road traffic collision at Sronoase
2 hours -
Seven injured in Okanta road crash at Suhum
2 hours -
Bulk diesel tanker overturns at Gyesewobre
2 hours -
Continued collection of galamsey levies will amount to defiance – Edudzi Tamakloe
3 hours -
Prof. Osae-Kwapong calls for decisive action on galamsey crisis amid growing demands for accountability
3 hours -
‘Tax for Galamsey’: Prosecute illegal mining enablers – Ken Ashigbey urges Mahama
3 hours
