Falling inflation doesn’t mean prices are dropping — Prof. Quartey

Prof. Peter Quartey, an economist, says Ghana’s declining inflation rate should not be interpreted as a fall in prices, but rather a slowdown in how fast prices are rising. He clarified the JoyNews Business Economic Forum, urging the public to understand the difference between easing inflation and actual reductions in the cost of living. According to the LECIAD Director and former ISSER boss, many households still feel pressure because the goods they consume daily may not be experiencing significant price drops, even though inflation is trending downward.