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Capital goods : 11.5% decline in demand in the Cameroonian public sector in Q3 2024

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From July to September 2024, the demand for investment goods in Cameroon's public sector decreased by 11.5% on an annual basis

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This data is disclosed in the quarterly report on the country's National Accounts, released on February 25, 2025, by the National Institute of Statistics (INS).Nevertheless, the same report reveals that, despite the slowdown in the public sector, the overall demand for investment goods in the country has trended upward. According to official figures, it rose to 4.8% in the third quarter of 2024, contributing 0.9 %points to quarterly GDP growth.This improvement is underpinned by demand in the private sector, which, according to the organization responsible for compiling Cameroon's official statistics, increased by 8.1% as of September 2024, relative to the same period in the preceding year.Regarding final consumption, it is reported that it experienced an overall growth rate of 4.1%, making a significant contribution of 3.5 percentage points to quarterly GDP growth. According to the INS report, this expansion was driven by both its public (4.1%) and private (4%) components

 

Christelle koambi 

 

christelle
JESSICA CHRISTELLE KOAMBI
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