In the first 9 months of 2019, general price level increased by 2.5 per cent year over year in Cameroon. This is revealed by the National Institute of Statistics (NIS) in a report it recently published. According to the institute, inflationary pressures in Cameroon were more pronounced in 2019, since the general price level in the country had risen by only 0.8 per cent in the first nine months of 2018. The upsurge in inflation was “largely due to the rise in prices of food (2.8per cent), restaurants and hotels (5.3per cent), clothing and footwear (2.8per cent), and transport (2.0per cent).” At the same time, the soaring price...
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