Note on the evolution of household final consumer prices in Yaoundé in February 2021

Food prices are on the rise again

In February 2021 and compared to last month, the Household Final Consumer Price Index increased by 0.3% after falling slightly last month (-0.1%). This price increase is mainly due to the rebound in the prices of food products (+0.7% after -0.1% the previous month), and to a lesser extent those of housing, water, gas, electricity and other fuels (+0.3% after -0.4% the previous month). The increase in food prices is largely due to the evolution of the prices of vegetables (+2.0% after -0.9% the previous month) as well as those of fish and seafood (+0.6% after -2.1% the previous month). In addition, the prices of “salt, spices and sauces” (+0.4% after +2.1% the previous month) and those of bread and cereals (+0.1% after +3.1% the previous month) slowed down. Prices of fruit (-1.0% after -1.9%) and milk, cheese and eggs (-0.4% after -2.4% in the previous month) fell less sharply than last month. Prices for meat (after rising 0.3% in the previous month) and oils and fats (after falling 1.8% in the previous month) were unchanged.

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