Cameroon - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Cameroon was 124.30 as of 2021. As the graph below shows, over the past 53 years this indicator reached a maximum value of 124.30 in 2021 and a minimum value of 7.44 in 1969.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1968 7.52
1969 7.44
1970 7.88
1971 8.19
1972 8.86
1973 9.78
1974 11.46
1975 13.02
1976 14.31
1977 16.41
1978 18.46
1979 19.67
1980 21.55
1981 23.86
1982 27.02
1983 31.52
1984 35.10
1985 38.09
1986 41.05
1987 46.44
1988 47.23
1989 46.44
1990 46.95
1991 46.98
1992 46.97
1993 45.46
1994 61.42
1995 66.99
1996 69.62
1997 72.95
1998 75.26
1999 76.67
2000 77.61
2001 81.04
2002 83.34
2003 83.86
2004 84.06
2005 85.75
2006 90.14
2007 90.97
2008 95.82
2009 98.74
2010 100.00
2011 102.94
2012 105.76
2013 107.94
2014 109.92
2015 112.87
2016 113.85
2017 114.58
2018 115.81
2019 118.65
2020 121.54
2021 124.30

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices