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Cameroon's Industry: Metallurgy Cost Rise By CFA 0.3% Q1 2024.

Dernière mise à jours il y'a 4 mois

Cameroon's Metallurgy factory prise surge by 0.3% in Q1 of 2024 compared to the factory price register the same period in 2023.

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This rise in factory prices in highlighted in the industrial producer price index published by the National Institute of Statistics ( INS) .The industrial producer price index ( ippi) indicates that in Q1 of 2024 , factory prices in the industrial sector in Cameroon has increased by 0.9% yearly .Concerning the Metallurgy sector that witnesses a 0.3% for the first time in a year,this rise although modest contrasts with the series of decline recorded during Q4 of 2023.According to the agency responsible for official statistics in Cameroon, quarterly prices increased by 2.6%. The rise of factory prices in the Q1 of 2024 has been primaly pushed by the wood processing sector with a 12.5% increase and the textile sector with a 9% increase. Cameroon aims at becoming a newly industrialized country by increasing their manufacturing values of   wood, textile , Metallurgy,printing ,all these sectors that makes up the industrial sector in Cameroon to be competitive with other countries in the domain of industrial production.                                                                                                                

 

 

 

Christelle Koambi 

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bernardo carlos ndjomo
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