Current inflation Cameroun 4.4%
September 2024
Current Inflation
Inflation is high at 4.5%, well above the ECB target.
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.
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.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 4.5%
- Last year
- 7.4%
- 5-year average
- 4.5%
- All-time high (2023)
- 7.4%