Yaoundé - 26 November 2020 -

Cemac: The price index of agricultural products was spurred by three products in Q3-2020, the BEAC reveals

Cemac: The price index of agricultural products was spurred by three products in Q3-2020, the BEAC reveals
  • Comments   -   Wednesday, 18 November 2020 16:10

(Business in Cameroon) - In Q3-2020, the price index of agricultural products exported by CEMAC countries grew by 2.2%. Compared with the 1.9% growth in Q2-2020, this reveals a 0.3 percentage growth quarter-over-quarter. According to the central bank BEAC, the growth was mainly spurred by three products.

Indeed, in a recent report, the central bank indicates that the highest rise was recorded in the prices of caoutchouc (23.6%), palm oil (22.8%), and sugar (14.6%). “The rise in the price of caoutchouc can be explained by the drop in the offer and the upturn in automobile production in China,” the BEAC adds.

Small variations were observed in the prices of coffee (8.0%), cotton (6.2%), banana (1.7%), cocoa (1.3%). There was no change in the price of acacia gum but there was a negative change in the prices of beef (-4.7%), rice (-4.0%), and tobacco (-1.8%),” the document continues.


“The State of Tax Justice 2020: Tax Justice in the time of COVID-19. ” This is the title of a report recently published by three NGOs (the Global Alliance...
On November 19, 2020, in Yaoundé, the Minister of SMEs, Social Economy, and Handicrafts (Minpmeesa), Achille Bassilékin III, chaired a workshop aimed at...
In a statement issued on November 24, 2020, the Italian company Piccini (withdrawn from the construction of the Olembé stadium) opposed the auctioning of...
On November 23, 2020, in Yaoundé, (at the opening of the 23rd, 24th, and 25th ordinary sessions of the Inter-ministerial Committee for the Assignment of...

Mags frontpage

Business in Cameroon n93: November 2020

Cashew, Cameroon’s new source of revenues

Covid 19 : “Making the team’s health a priority”

Investir au Cameroun n103 Novembre 2020

L’anacarde, la nouvelle source de recettes du Cameroun

Covid 19 : « La santé des équipes avant tout »