Inflation Cameroon 2024
Average inflation: 4.5%
Current Inflation
Inflation is high at 4.5%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 5.2%. The lowest inflation was in August at 3.8%.
- Highest month
- January: 5.2%
- Lowest month
- August: 3.8%
- Difference
- 1.4 percentage points
- Months with data
- 9 of 12
Category Insights
The highest price increase was in Food with an average of 5.2%. The lowest price increase was in Energy with an average of 4.5%.
- Highest increase
- Food: 5.2%
- Lowest increase
- Energy: 4.5%
Historical Context
Current inflation is around the 5-year average of 4.6%.
- 5-year average
- 4.6%
- 10-year average
- 3.1%
- All-time high (2023)
- 7.4%
- All-time low (2017)
- 0.6%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +2.9 percentage point.
- Change vs. previous year
- -2.9 percentage points
- Largest monthly swing
- July: -3.8 percentage points
ECB Target
Inflation is 2.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 5.2% | -1.9 |
| February | 5.0% | -3.2 |
| March | 4.7% | -3.8 |
| April | 4.6% | -3.5 |
| May | 4.5% | -3.3 |
| June | 4.3% | -3.8 |
| July | 3.9% | -3.8 |
| August | 3.8% | -3.6 |
| September | 4.4% | -2.5 |
| Average | 4.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.