Country Report Cameroon January 2011

Outlook for 2011-12: Inflation

Owing to Cameroon's heavy dependence on imported food and fuel, consumer price inflation is affected considerably by movements in global prices for those commodities. Although the oil price will remain stable until 2012, investment and spending in 2010 will generate some inflation, and we forecast average inflation of 3.4% in 2011 and 3% in 2012.

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