- Friday December 27th, 2024
- Posted by: inscameroun
- Category:
At the end of November 2024, consumer prices increased slightly by 0.1% compared to the previous month and by 4.6% on average over the past twelve months. This increase was mainly supported by the increase in the prices of local goods and services.
Compared with the previous month, household consumer prices recorded a slight increase of 0.1%, following an increase of 0.3% in the previous month. This increase in prices was mainly due to the increase of 0.3% in transport costs, of 0.3% in prices of the “housing, water, gas, electricity and other fuels” component, of 0.4% in prices of clothing and footwear as well as of 0.4% in costs of restaurants and hotels. In contrast, food prices fell by 0.3%, mitigating the impact of the increase in prices of other categories on the overall price level. The decrease in food prices was mainly accounted for by the decrease in prices of fresh vegetables in the form of fruits or roots, pulses and oilseeds, as well as tubers and plantains, due to better availability on the markets during the month. Year-on-year inflation remained stable at 4.5% in November 2024; level unchanged compared to October 2024.