Search

Cameroon’s Inflation Declines for the First Time in 12 Months

© Unsplash
  • Consumer prices fell by 0.2% in January after 12 consecutive months of increases
  • Annual inflation, however, accelerated to 5.3%, driven by rising food and transport costs

Consumer prices in Cameroon eased by 0.2% in January, marking the country’s first monthly decline in a year, according to data released on Wednesday by the national statistics agency. The slowdown follows a 0.6% increase in December and was largely driven by a 0.5% drop in the prices of fresh vegetables, fruits, meats, and seafood. Transport costs also declined by 0.3%, while slight decreases were recorded in clothing, footwear, leisure, and culture categories.

You need an active subscription to continue reading this article.

Recent Business

Allen Dreyfus
Nigeria Offers Two- and Three-Year Bonds at Lower Yields
Read More »
breaking_news
Tinubu Signs Nigeria’s 2025 Budget Into Law
Read More »
breaking_news
Ghana’s COCOBOD Faces $1.34 Billion Loss Amid Cocoa Production Decline
Read More »

Recent Politics

generic-1-1024x683
Cameroon’s SDF Picks Joshua Osih as Presidential Candidate, Unveils Economic Agenda
Read More »
Johannesburg, South Africa. 21st Feb, 2025
South Africa Calls on G20 to Implement Global Minimum Tax for Developing Nations
Read More »
Satisfied smiling business man doing paperwork at home workplace. Entrepreneur reading financial reports, reading documents
Nigeria’s Senate President Backs Controversial Tax Reforms
Read More »

Latest Posts

Latest news insights