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Douala: Food prices rise again

Douala: Food prices rise again

Paru le lundi, 29 juin 2020 16:13

Unlike price trends in the transport (-3.1% in May 2020 after +4.0% the previous month) clothing and footwear (-0.4% in May 2020 after +0.2% the previous month) sectors, food prices rose by +0.8% in May after a 0.2% drop the previous month, according to a note recently published by the National Institute of Statistics (INS).

According to the INS, the rise in food prices is mainly due to price increase of vegetables (+5.4% after -1.6% the previous month), tubers and plantains (plantain, potato, sweet potato, fresh cassava in tuber, yam, macabo), as well as other tuber and plantain products ("tapioca," bibolo, "miondo").

Unlike the change in the prices of vegetables, the fall in the prices of milk, cheese, and eggs (-1.1% after -0.4% in the previous month) and meat (-0.8% after -0.1% in the previous month) has accentuated during the period under review. The prices of fruit (-4.9% after +2.2% in the previous month), fish and seafood (-0.8% after +1.8% in the previous month), and bread and cereals (-0.5% after +0.8% in the previous month) have also declined after an increase in April 2020.

Also, the prices of fresh vegetables ("folon," cassava leaves, "ndolé," "keleng keleng," "zoom," "okok"), as well as dried vegetables and oilseeds ("niébé," pumpkin seeds, shelled peanuts, soybeans), have fallen. Meat prices also fell due to lower prices of beef (-0.4%) and poultry (-3.9%). Overall, inflation in Douala stood at 2.0% in May 2020.

S.A.

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