Yaoundé - 28 March 2020 -

CEMAC: The Composite index of commodity prices was up by 2.4% in Q4-2019

CEMAC: The Composite index of commodity prices was up by 2.4% in Q4-2019
  • Comments   -   Tuesday, 24 March 2020 12:49

(Business in Cameroon) - Between October and December 2019, the price index of commodities exported by CEMAC countries increased by 2.4%, after a 6.7% decrease in Q3, 2019, a recent report by the BEAC reveals.

According to the central bank, this increase was spurred by the overall increase in the prices of energy (+1.8%) and non-energy (+4.7%) commodities. For instance, during the period under review, the price of a barrel of crude went from $59.4 (in Q3,2019) to $60.3.

In the CEMAC region, the composite index of commodity prices is based on the 28 most-exported products in the region. These products represent 90% of the community’s exports.


British oil and Gas company Bowleven plans to hand back its exploration license on the 2,328 km2 Bomono gas block, onshore Cameroon, to Cameroonian...
On April 8, 2020, Cameroon will launch the first bond of a series of three on the BEAC money market. According to internal sources at the Ministry of...
There is a new development in the case between employees and the general management of Nexttel/Viettel over the new salary calculation method the company...
In a recent analytical note about the Cameroonian consumer market in the 2019 fiscal year, the National Institute of Statistics (INS) reveals the causes...

Mags frontpage

Business in Cameroon n85: March 2020

Minim Martap«It might be the best bauxite ever at the moment»

The necessary reform of Cameroonian public firms

Investir au Cameroun n95 Mars 2020

Minim Martap« Peut-être la meilleure bauxite au monde à ce jour »

La nécessaire réforme des entreprises publiques camerounaises