Note on the evolution of household final consumer prices in Douala in December 2020: Slight deceleration in inflation in 2020

In December 2020 and compared to last month, the Household Final Consumer Price Index increased by 0.1% after -0.1% the previous month. This price increase is largely the result of the rebound in the prices of housing, water, gas, electricity and other fuels (+0.4% after -0.5% the previous month), clothing and footwear (+0.4% after stability last month) as well as food products (+0.1% after -0.3% the previous month). The increase in food prices was mainly due to the increase in the prices of oils and fats (+4.5% after +0.9% in the previous month), fish and seafood (+2.4% after +3.3% in the previous month), fruit (+0.9% after +3.5% in the previous month), bread and cereals (+0.8% after +0.9% in the previous month), milk, cheese and eggs (+0.8% after +0.9% in the previous month), and meat (+0.2% after -0.1% the previous month). On the other hand, the prices of vegetables (-2.6% after -2.5% in the previous month) and those of “sugar, jam, honey, chocolate and confectionery” (-0.2% after +0.5% in the previous month) decreased.The rise in the prices of oils and fats follows the rise in the prices of crude palm oil, refined oils sold in bulk andother fats (palm nuts). Fish and seafood prices have increased in line with the increasein prices of fresh fish (sea bass, carp, cod), frozen fish and other seafood products (sea bass, mackerel, captain, jaw), fish and other dried or smoked seafood products (mbouga, jaw, carp). Vegetable prices are falling, mainly due to the decline in the prices of fresh vegetables in fruit or root form (fresh tomatoes), fresh leafy vegetables (“folon”, “ndole en feu”), pulses and oilseeds (“cowpeas”, dried red beans, shelled groundnuts) as well as tubers and plantains.