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 the data does not align with the everyday experiences of consumers in local markets.

The Ghana Statistical Service (GSS) on Wednesday, February 4, announced that inflation eased to 3.8 per cent in January, down from 5.4 per cent in December 2025.

According to the Service, the decline was driven by reduced price pressures across selected goods and services.

Reacting to the announcement, the Ofoase-Ayirebi Member of Parliament said feedback from constituents and members of the public paints a very different picture, suggesting that prices of essential items remain high despite the reported slowdown.

Mr Oppong Nkrumah said Parliament would invite the Government Statistician to provide further explanation and allow lawmakers to scrutinise the data against prevailing market conditions.

“As I hear these figures, I am also receiving messages from people who say what they experience in the market does not correspond with what they say.

"When the Government Statistician appears before Parliament, we will have the opportunity to interrogate the data and compare it with what is actually happening on the ground,” he said.

He added that inflation statistics must reflect the realities consumers face, stressing that Ghanaians who shop daily in the markets are best placed to judge whether prices are truly easing.

Mr Oppong Nkrumah also criticised the government’s inflation management strategy, arguing that it focuses primarily on tightening liquidity rather than addressing production constraints and broader supply-side challenges.