The observation inflation effect consists in the fact that observing an action being performed can create false memories that this action has actually been performed by the observer. The present study examined the relationship between this effect and interrogative suggestibility. A procedure based on the Gudjonsson Suggestibility Scale was used to assess two kinds of suggestibility: the tendency to yield to suggestive questions (Yield) and the tendency to change answers after feedback (Shift). The participants first watched a film depicting a woman performing simple activities and performed various activities themselves during the film. In order to determine whether the observation inflation effect occurred, the participants performed a source-monitoring test. The observation inflation effect was replicated. Observation inflation correlated positively with Yield but not with Shift. This pattern of results can be explained by the fact these two indicators are different aspects of interrogative suggestibility. Shift is more related to social influence, while Yield is more cognitive in its nature.