The Member of Parliament (MP) for Bosome Freho, Nana Ayeh Asafo-Adjei, has questioned the accuracy of Ghana’s official inflation figures, arguing that they do not reflect the rising cost of living faced by ordinary Ghanaians.
Speaking in an interview, the MP expressed concern over recent rent increases and escalating prices of basic necessities, including food and transportation, noting that many households are under severe financial pressure despite reported declines in inflation.
According to Nana Asafo-Adjei, while government data may suggest inflation is easing, the reality on the ground tells a different story.
“People are struggling,” he said, citing rising rents, higher transport fares and increasing food prices as evidence that living costs continue to soar beyond what official figures suggest.
The MP explained that inflation affects individuals differently, depending on their spending patterns, and argued that the experiences of low- and middle-income earners are often not fully captured in headline inflation data.
He also acknowledged that businesses need to make profits but questioned sharp price increases that far exceed the official inflation rate.
“When prices go up far more than inflation, it raises concerns about fairness, especially when incomes have not increased at the same pace,” he noted.
Nana Asafo-Adjei further pointed to fuel prices as a major driver of rising costs, explaining that increases in fuel inevitably affect transport fares and food prices across the country.
He called on government and relevant agencies to take a closer look at the real impact of inflation on households and to ensure that economic policies reflect the lived realities of citizens.
The Bosome Freho MP urged policymakers to engage more directly with communities to better understand how economic pressures are affecting everyday life, particularly in areas such as housing, food and transportation.
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