Although slightly higher than the 2.1% recorded in 2025, this figure remains well below the community ceiling of 3%. This continued low level demonstrates the effectiveness of the regulatory mechanisms implemented to protect household purchasing power.

This performance rests on three strategic pillars, notably improved monetary discipline with the BEAC maintaining a strict policy to stabilize the macroeconomic framework, and the strengthening of foreign exchange reserves, which now cover 4.52 months of imports, compared to 4.22 months the previous year.

It is also worth noting that despite a surge in the price of a barrel of oil of +40% since the beginning of the year, the countries in the zone are managing to contain the upheavals of the global market.

However, this apparent calm masks structural challenges. While the surge in crude oil prices benefits the budgets of producing countries (Gabon, Congo, Cameroon, Chad, Equatorial Guinea), it creates a boomerang effect. The cost of importing refined petroleum products is skyrocketing, weighing heavily on state treasuries. "The major risk lies in the pressure on public finances," warn the experts.

A depletion of state liquidity could lead to payment delays to the private sector, potentially disrupting the local economy. In 2026, the watchword for CEMAC authorities is clear: vigilance. The challenge will be to navigate skillfully between preserving price stability and providing the necessary support for national growth.

Asaba, source GMT