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3.8% inflation drop contradicts reality – Oppong Nkrumah

3.8% inflation drop contradicts reality – Oppong Nkrumah

Member of Parliament (MP) for Ofoase Ayirebi and Ranking Member on Economy and Development, Kojo Oppong Nkrumah has challenged the government over inflation rate dropped to 3.8% respectively. 

According to the Ofoase Ayirebi Legislature, Government Statistician Dr Alhassan Iddrisu will be invited to the floor of Parliament to answer questions on the decline in the inflation rate. 

He said, “When you Ghanaians go to the markets, prices of goods and services are still high, so where from the rate “? He asked. 

Hon. Oppong Nkrumah revealed this during an interview with the media at the Parliament House. 

Ghana’s inflation rate fell sharply to 3.8 per cent in January 2026, marking the 13th consecutive decline and the lowest rate since the rebasing of prices in 2021, according to the latest Consumer Price Index (CPI) data. Inflation in December 2025 was at 5.4 percent.

Figures released show the CPI rose to 262.3 in January 2026, from 252.6 recorded in January 2025, translating into a year-on-year inflation rate of 3.8 percent.

This represents a 19.7 percentage-point drop from the 23.5 percent recorded in January 2025, and a 1.6 percentage-point decline from the 5.4 percent inflation recorded in December 2025.

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