(Business in Cameroon) – Production costs in Cameroon’s industrial sector increased by 5.9% between October and December 2024, according to the Industrial Production Price Index (IPPI) for the fourth quarter of 2024, released on May 5, 2025, by the National Institute of Statistics (INS). The country’s official statistics agency attributed this rise, which continues to contribute to inflation in the markets, to “strong demand and increased input costs.”
INS reporters indicated that the surge in ex-factory prices was primarily driven by the extractive and wood industries. Specifically, production costs in these two sectors rose by 10.2% and 8.9% respectively during the period reviewed.
However, the IPPI noted that “some branches experienced price decreases, notably the manufacturing of metal products (-0.5%), suggesting different market conditions, such as increased competition or lower demand.“
“Compared to the previous quarter, the evolution of production prices indicates a near stabilization (-0.4%), thus contrasting with the year-on-year increase,” the INS stated.
BRM