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Mixed reactions have greeted recent polls on the living conditions of Ghanaians conducted by Global Info Analytics, even as key economic indicators show signs of improvement.
The polls suggest that a majority of Ghanaians believe their standard of living has improved over the past year, reflecting growing optimism following the presentation of the 2026 national budget.
According to the survey, 56 per cent of respondents say their standard of living has improved compared to a year ago, while 27 per cent report no change. Only 12 per cent indicate that their living conditions have worsened, with 5 per cent remaining undecided. Looking ahead, about 70 per cent of respondents are confident their living standards will improve further in 2026, while 18 per cent remain pessimistic.
However, feedback from traders at the Lapaz and Kaneshie markets in Accra presents a more cautious picture. While some traders acknowledge a decline in prices, they say sales volumes are yet to recover significantly.
A clothing dealer, Grace Monyui, said her cost of living has improved, noting the positive impact on her business.
“Previously, transporting about three bales of clothes cost around GHS2,500. Now, moving the same quantity costs about GHS2,000, which has made things better for me,” she said.
She added that the recent price reductions have encouraged customers to return.
“Sales are gradually picking up, and the lower prices have also reduced my transportation costs, which has had a significant positive impact on my business,” she noted.
Similarly, Otieku Baah, a food vendor, said sellers of cooked food have benefited from lower input costs.
“Those of us who sell food have seen a considerable reduction in the cost of ingredients. For instance, the price of eggs has gone down.
“Sales were very difficult last year because rice prices were extremely high, but this year the situation has improved,” she said.
Among consumers, opinions remain divided. Some say food prices have eased slightly but remain high, while others point to reduced transport fares as offering modest relief.
“They are still selling food at very high prices. The amount of food we buy at the hostel is too expensive,” said Akwasi Agyeman, a student at Ghana Telecommunications University.
In contrast, Jonas Nana Yaw, a public servant, welcomed the reduction in transport fares and commended the Ghana Private Road Transport Union (GPRTU) for its role in regulating fares.
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