In the fourth quarter of 2023, industrial producer prices fell by 5.9% compared to the fourth quarter of 2022. This follows those recorded in the previous two quarters (-7.5% and -5.3% respectively in the second and third quarters of 2023). After a surge in 2022 due to the Russian-Ukrainian geopolitical crisis and the post-Covid recovery, producer prices have been falling continuously since the first quarter of 2023. This 5.9% decline is explained by the stabilization of raw material prices and the improvement of the supply chain, a fluidity of the flow of goods. This downward trend is positive for the Cameroonian economy. Companies are seeing their production costs decrease, improving their margins and competitiveness. Consumers can expect a moderation in consumer prices in the medium term. Lower costs could also boost business investment.
