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

arvind-vallabh-rqWWhKzVCaU-unsplash
Gabon ramps up deepwater push to reverse oil decline
Read More »
kurt-cotoaga-FWTN3Uquq20-unsplash
Senegal raises $346m in latest WAMU debt auction
Read More »
Allen dreyfus Logo
Cote d’Ivoire awards new gold exploration permits
Read More »

Recent Politics

james-wiseman-IebZAH6kaNw-unsplash
Trump pushes trade-first Africa strategy to counter rivals
Read More »
Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »

Latest Posts

Latest news insights