{"id":114497,"date":"2026-02-06T10:52:23","date_gmt":"2026-02-06T10:52:23","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah"},"modified":"2026-02-06T11:20:35","modified_gmt":"2026-02-06T11:20:35","slug":"inflation-drop-does-not-reflect-market-realities-oppong-nkrumah","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah","title":{"rendered":"Inflation Drop does not Reflect Market Realities \u2013 Oppong Nkrumah"},"content":{"rendered":"<p><span class=\"ap-article-header-tag\"> <strong>Africa-Press &#8211; Ghana. <\/strong> <\/span><b>Mr Kojo Oppong Nkrumah, the Member of Parliament for Ofoase Ayirebi, has questioned government\u2019s claim that inflation has dropped to 3.8 percent, insisting that the figure does not reflect realities in the market.<\/b><\/p>\n<p>Mr. Oppong Nkrumah, also the Ranking Member on the Economy and Development Committee of Parliament, told the Parliamentary Press Corps in Accra, on Wednesday that, the decline in inflation was largely due to monetary sterilization \u2013 the withdrawal of about GH\u00a260 billion from circulation \u2013 rather than policies addressing supply-side challenges.<\/p>\n<p>\u201cThe government says inflation is down, but what people see in the markets tells a different story. Traders are not passing on these supposed benefits to consumers,\u201d he stated.<\/p>\n<p>The Ofoase Ayirebi legislator explained that while official statistics suggested inflationary pressures were easing, ordinary Ghanaians continue to experience high prices for goods and services.<\/p>\n<p>He said Parliament would interrogate the inflation data when the Government Statistician appears before the House to reconcile the figures with lived experiences.<\/p>\n<p>Turning to governance, Mr. Oppong Nkrumah commended government for finally presenting the 24-Hour Economy programme document, noting that, it was just one of about 16 programme documents it was supposed to present to Parliament.<\/p>\n<p>He said after nearly a year\u2019s delay, 15 more policy documents remained outstanding.<\/p>\n<p>\u201cIt\u2019s commendable that they have brought one programme document, but this is just one out of about 16.<\/p>\n<p>It has taken them a year, and we are still waiting for the other 15,\u201d he noted.<\/p>\n<p>He emphasised that the submission of the programme documents was crucial for effective oversight, enabling Parliament, civil society, and citizens to scrutinise government commitments, targets, and track implementation.<\/p>\n<p>He pledged continued advocacy to ensure all programme documents are submitted for scrutiny.<\/p>\n<p class=\"ap-article-footer-note\">Find more news and analyses on <span class=\"ap-highlight-country\">Ghana<\/span> on the <span class=\"ap-highlight-brand\">Africa Press<\/span> website<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. Mr Kojo Oppong Nkrumah, the Member of Parliament for Ofoase Ayirebi, has questioned government\u2019s claim that inflation has dropped to 3.8 percent, insisting that the figure does not reflect realities in the market. Mr. Oppong Nkrumah, also the Ranking Member on the Economy and Development Committee of Parliament, told the Parliamentary Press [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":114496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[429],"class_list":["post-114497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-ghana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Inflation Drop does not Reflect Market Realities \u2013 Oppong Nkrumah - Ghana<\/title>\n<meta name=\"description\" content=\"-article-header-tag&quot;&gt; Africa-Press - Ghana. 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Mr Kojo Oppong Nkrumah, the Me ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-06T10:52:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-06T11:20:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2026\/02\/sm_1770376776.399334.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1251\" \/>\n\t<meta property=\"og:image:height\" content=\"749\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Inflation Drop does not Reflect Market Realities \u2013 Oppong Nkrumah\",\"datePublished\":\"2026-02-06T10:52:23+00:00\",\"dateModified\":\"2026-02-06T11:20:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah\"},\"wordCount\":304,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2026\/02\/sm_1770376776.399334.jpg\",\"keywords\":[\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah\",\"name\":\"Inflation Drop does not Reflect Market Realities \u2013 Oppong Nkrumah - Ghana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/inflation-drop-does-not-reflect-market-realities-oppong-nkrumah#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2026\/02\/sm_1770376776.399334.jpg\",\"datePublished\":\"2026-02-06T10:52:23+00:00\",\"dateModified\":\"2026-02-06T11:20:35+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"-article-header-tag\\\"> Africa-Press - Ghana. 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