Economy / Cameroon
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Macroeconomic Forecast Cameroon
April 2008 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The fixed exchange rate against the euro provides monetary discipline. Although our house view is that the US dollar will make up ground against the euro (meaning that the Central African franc is set for a similar softening in dollar terms), a food price-induced rise in inflation should abate during 2009. In this context, we now expect consumer price inflation in Cameroon to decline to 3.5% in 2009 (down from a forecast 4.9% in 2008) and back down to below 3% by the end of our forecast period in 2012.