
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
-
NACOC reaches out to 50 substance users in Ashanti Region under “Wheels of Change” initiative
2 minutes -
Supreme Court dismisses consolidated cases challenging Torkornoo’s removal
6 minutes -
Logeist Ecoreclaim Initiative Taskforce warns illegal miners against re-entering reclaimed sites
8 minutes -
Every roof must catch rainwater to help fight flooding — GHIE
13 minutes -
Accra Floods: GhIE’s flood prevention plan (video)
15 minutes -
Works on Odaw River drainage project terminated over contractor failure – Minister
22 minutes -
Savings and Loans industry records GH¢515.32m profit in 2025, NPLs decrease to 11.8%
24 minutes -
NADMO begins assessment in flood-hit communities, appeals for public support
25 minutes -
Indiscriminate waste disposal worsening floods and disease risk – health expert warns
38 minutes -
GRA extends tax filing deadline to July 6 over flood disruptions
39 minutes -
Abu Jinapor calls for innovative climate finance to unlock Africa’s Nature-Based Solutions potential
60 minutes -
GhIPSS pays GH¢14.58m dividend to BoG for 2025
1 hour -
When the waters recede, the trauma remains
1 hour -
Asamoah, Ameyaw-Akumfi ordered to open defence in $2m Sky Train case
1 hour -
Return to nature’s way of managing water to tackle flooding — GHIE
1 hour