{"id":17606,"date":"2023-07-25T14:22:37","date_gmt":"2023-07-25T13:22:37","guid":{"rendered":"https:\/\/ins-cameroun.cm\/statistique\/note-on-the-evolution-of-household-final-consumer-prices-in-cameroon-in-may-2023\/"},"modified":"2023-07-25T14:22:37","modified_gmt":"2023-07-25T13:22:37","slug":"note-on-the-evolution-of-household-final-consumer-prices-in-cameroon-in-may-2023","status":"publish","type":"statistique","link":"https:\/\/ins-cameroun.cm\/en\/statistique\/note-on-the-evolution-of-household-final-consumer-prices-in-cameroon-in-may-2023\/","title":{"rendered":"Note on the evolution of household final consumer prices in Cameroon in May 2023"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong><span id=\"page3R_mcid17\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">Driven by food prices, which rose by 13.7%, inflation averaged <\/span><span dir=\"ltr\" role=\"presentation\">7.5% per year<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span id=\"page3R_mcid19\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">The National Institute of Statistics (INS) is pleased to publish the note on <\/span><span dir=\"ltr\" role=\"presentation\">the evolution of household final consumer prices for the month of May <\/span><span dir=\"ltr\" role=\"presentation\">2023. <\/span> <\/span><span id=\"page3R_mcid20\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">Compared to the previous month, household final consumer prices <\/span><span dir=\"ltr\" role=\"presentation\">rose<\/span><span dir=\"ltr\" role=\"presentation\">by 0.4% in May 2023, following a <\/span><span dir=\"ltr\" role=\"presentation\">0.7% increase in April.<\/span> <span dir=\"ltr\" role=\"presentation\">This month&#8217;s price increase <\/span><span dir=\"ltr\" role=\"presentation\">was mainly due to a 1% increase <\/span> in <span dir=\"ltr\" role=\"presentation\">food prices, a 0.3% increase in transport costs and a 0.3% <\/span><span dir=\"ltr\" role=\"presentation\"> increase in &#8220;<span dir=\"ltr\" role=\"presentation\">housing<\/span><span dir=\"ltr\" role=\"presentation\">&#8221; costs.  water, gas, electricity and other fuels<\/span><span dir=\"ltr\" role=\"presentation\">&#8220;.<\/span><\/span><\/span><span id=\"page3R_mcid21\" class=\"markedContent\"><br role=\"presentation\"><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span> The <span dir=\"ltr\" role=\"presentation\"> <span dir=\"ltr\" role=\"presentation\">1<\/span><span dir=\"ltr\" role=\"presentation\">%<\/span> <span dir=\"ltr\" role=\"presentation\">increase in<\/span> <span dir=\"ltr\" role=\"presentation\">food prices is mainly explained <\/span><span dir=\"ltr\" role=\"presentation\">by the increase in the prices of vegetables, &#8220;<\/span><span dir=\"ltr\" role=\"presentation\">milk, <\/span><span dir=\"ltr\" role=\"presentation\">cheese and eggs<\/span><span dir=\"ltr\" role=\"presentation\">&#8221; and, to a lesser extent, fish and <\/span><\/span> <span dir=\"ltr\" role=\"presentation\">seafood. On the other hand, the prices of oils and fats continue   <\/span><span dir=\"ltr\" role=\"presentation\">to decrease<\/span><span dir=\"ltr\" role=\"presentation\">; Prices of bread and cereals<\/span> <span dir=\"ltr\" role=\"presentation\">as well as<\/span> <span dir=\"ltr\" role=\"presentation\">fruit <\/span><span dir=\"ltr\" role=\"presentation\">prices have fallen.<\/span><\/span><span id=\"page3R_mcid22\" class=\"markedContent\"><br role=\"presentation\"><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span> <span dir=\"ltr\" role=\"presentation\">Transportation costs were up<\/span> <span dir=\"ltr\" role=\"presentation\">0.3%<\/span> <span dir=\"ltr\" role=\"presentation\">due <\/span> to <span dir=\"ltr\" role=\"presentation\">higher vehicle purchase costs and transportation services.<\/span><br role=\"presentation\"><span dir=\"ltr\" role=\"presentation\">transport (including air and road passenger transport). <\/span> <\/span><span id=\"page3R_mcid23\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">Compared to the same<\/span> <span dir=\"ltr\" role=\"presentation\">month in 2022<\/span><span dir=\"ltr\" role=\"presentation\">, the general price level increased <\/span><span dir=\"ltr\" role=\"presentation\">by 7.8<\/span><span dir=\"ltr\" role=\"presentation\">% in May 2023, mainly due to the surge <\/span> in <span dir=\"ltr\" role=\"presentation\">food prices by 11.8% and transport costs by 16.2%. <\/span> <\/span><span id=\"page3R_mcid24\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">On average over the last twelve months, the inflation rate in maize<\/span><span dir=\"ltr\" role=\"presentation\"> <\/span><span dir=\"ltr\" role=\"presentation\">has been 7.5%, exceeding the<\/span> <span dir=\"ltr\" role=\"presentation\">3%<\/span> threshold <span dir=\"ltr\" role=\"presentation\">set by the CEMAC.<\/span> <span dir=\"ltr\" role=\"presentation\">This <\/span><span dir=\"ltr\" role=\"presentation\">increase is mainly due to the 13.7% increase in the prices of <\/span><span dir=\"ltr\" role=\"presentation\">food products and the 8.4% increase in the prices of furniture, household items <\/span><span dir=\"ltr\" role=\"presentation\">and routine cleaning items.<\/span><\/span><\/p>\n","protected":false},"featured_media":0,"template":"","format":[626],"meta":{"_acf_changed":false},"annee":[],"region":[],"domaines":[],"class_list":["post-17606","statistique","type-statistique","status-publish","hentry","format-data"],"acf":[],"_links":{"self":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique\/17606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique"}],"about":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/types\/statistique"}],"version-history":[{"count":0,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique\/17606\/revisions"}],"wp:attachment":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/media?parent=17606"}],"wp:term":[{"taxonomy":"annee","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/annee?post=17606"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/region?post=17606"},{"taxonomy":"format","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/format?post=17606"},{"taxonomy":"domaine","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/domaines?post=17606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}