Left Menu
Development News Edition

Cameroon: Yaoundé witnesses hike in food prices by 2.8 pct


Cameroon: Yaoundé witnesses hike in food prices by 2.8 pct
The prices of housing, water, gas, electricity and other fuels fell over the period (-0.2 percent after +0.3 percent in the previous month). Image Credit: Pixabay

Consumer Price Index (CPI) in Cameroon's capital, Yandé recovered by 0.8 percent in February 2019 after a 0.5 decline the previous month, the National Statistics Institute (INS) revealed.

Such a bounce back, INS mentions, was motivated by an increase in the prices of food by 2.8 percent after a 1.7 percent drop in January 2019; Furnishings, household equipment and routine maintenance of the house (+0.4 percent after a steady trend in Jan); apparel and footwear (+0.2 percent after -0.2 percent). Alternatively, the prices of housing, water, gas, electricity and other fuels fell over the period (-0.2 percent after +0.3 percent in the previous month).

Monthly surge in food prices in Yaoundé is largely due to the increase in prices of fruit (+14.7 percent after -2.2 percent), vegetables (+6.1 percent after -1.8 percent), oils and fats (+2.9 percent after +0.8 percent), fish and seafood (+1.2 percent after -0.1 percent), and to a lesser extent meat (+0.3 percent after +0.3 percent).

Fruit prices are rising, driven in particular by higher prices of watermelons, pineapples, avocado and lemon. Higher vegetable prices come from the increase in prices of fresh tomatoes, fresh okra, okok leaves, etc.

Increase in the price of fish and seafood is mainly due to the increase in the prices of frozen sea bass (+0.3 percent), fresh sea bass (+1.3 percent), fresh carp (+2.5 percent), frozen captain (+5.0 percent) and frozen African sea catfish (+11.6 percent). "Also, prices of bread increased by 0.1 percent and those of imported popular rice by 1 percent," INS says, as reported by Business in Cameroon.

Also Read: Cameroonians can undergo free rapid HIV Tests from Jan 1: Health Minister

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION/BLOG/INTERVIEW

Future of Food: Technology fostering the road to global food security

Technological innovation can help address most of the pressing issues facing the world today including food security by enhancing productivity, improving financial services, managing resources, addressing environmental concerns, etc....

Conspiracy theories on COVID 19: Legislators, Scientists, and Journalists all joined the Caravan

Conspiracy theories are not new for virus epidemics. There have been conspiracy theories on HIV-AIDS, Polio Vaccines, Ebola Virus, and several other diseases as well. However, what makes the 2019 Novel Coronavirus different from others is ...

Now it’s a war, Uganda deploys army to combat locust swarms

Its for the first time after 1986, the locust swarms have attacked Uganda twice in a season. With the increasing number of countries of Africa under attack by locust swarms, the problem seems to have taken a regional paradigm. Its very diff...

Top 10 Fake News, Myths and Realities on 2019 Novel Coronavirus COVID 19

With nearly 1500 deaths by January 14 and around 65,000 infections in China, the Novel Coronavirus 2019 has become one of the worst health epidemics of the 21st Century. However, 8,573 people have been cured but the rumor mongers are a...

Videos

Latest News

Delhi violence: Fire Chief says extra officers, tenders pressed into service

Delhi Fire Service chief Atul Garg said the department has received 19 calls from 12 midnight till 8 am on Thursday from the violence-affected areas of North-East Delhi and extra officers and fire tenders have been pressed into service. We ...

Women's T20 World Cup: India post a below-par 133-8 against New Zealand

Put in to bat, India posted a below-par 133 for eight against New Zealand in a crucial group A match of the ICC Womens T20 World Cup here on Thursday. Opener Shafali top-scored with a 34-ball 46, while Taniya Bhatia chipped in with a 25-bal...

Macaulay Culkin joins cast of 'American Horror Story' S10

Macaulay Culkin, who became famous as a child star for Home Alone series, will be featuring in the tenth season of Ryan Murphys American Horror Story. Murphy took to Instagram to share the ensemble cast list in the form of short videos show...

Overlooked part of foot key to how humans walk, run: Study

The transverse arch, running from side to side along the mid-foot, may be key to how the human feet evolved, and enable us to walk and run, a new study reveals, which may also lead to novel designs for prosthetic and robotic legs. According...

Give Feedback