Collins Adomako-Mensah, Member of Parliament for Afigya Kwabre North, has challenged the tangible impact of Ghana’s declining inflation rate, noting that most market prices remain stagnant despite official data showing improvement.
Speaking on Metro TV’s Good Morning Ghana, Adomako acknowledged inflation’s drop to 13.7% from peaks exceeding 30% but stressed that consumers see little relief: “On paper, inflation has dipped… but the majority of [goods] are still priced as when inflation was high.”
The MP urged government ministers to engage directly with traders to understand the disconnect: “Ministers should continue dialogues with sector players to ask why prices haven’t aligned with falling inflation.” He argued that even gradual declines should follow lower inflation, adding, “Ideally, reduced inflation should reflect in prices—if not drastically, at least at a declining rate.”
Adomako’s remarks highlight persistent public skepticism over economic indicators amid cost-of-living pressures. He called for deeper investigation into market dynamics to ensure policy benefits reach ordinary Ghanaians.