Inflation trends in 2022

Inflationary pressures persist and are spreading to all cities. The general price level increased by 6.3% in 2022, after 2.3% in 2021, 2.5% in 2020, 2.5% in 2019, 1.1% in 2018 and 0.6% in 2017. This is the highest inflation rate after that of 9.0% in 1995. The highest inflation rate is recorded in Ngaoundere and the lowest in Garoua. In 2022, the community threshold of 3% was exceeded in all cities, namely: Ngaoundéré (+7.4% after +1.0% in 2021), Bafoussam (+7.3% after 2.4% in 2021), Buea (+7.1% after +1.7% in 2021), Bamenda (+6.8% after +3.8% in 2021), Maroua (+6.4% after +3.2% in 2021), Yaoundé (+6.2% after +1.8% in 2021), Douala (+5.7% after +1.9% in 2021), Bertoua (+5.5% after 4.4% in 2021), Ebolowa (+5.7% after +3.7% in 2021), and Garoua (+5.4% after +2.1% in 2021).

Inflation feeds on soaring food prices
In 2022, the general price level is largely supported by the 12.9% increase in the prices of the and 6.3% of the prices of restaurant and hotel services. The main Product price increases have concerned oils and fats (27.0%), breads and cereals (16.3%), fish and seafood (14.4%), lMeat (12.2%), lmilk, cheese and eggs (10.7%) and lvegetables (7.6%). The increase in restaurant prices and hotels are mainly the result of the 10.1% increase in the number ofu Prices of services restaurant. By garlictheirs, cSome materials of construction usually Used by the Households for their Small road repairs from construction or from Rehabilitation/Repair suffer from soaring prices. These include cement, sheet metal, PVC pipes, x wall tileand rebar

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