Production prices recorded a significant 5. This reversal sharply contrasts with the trend observed since 2020," reveals the INS report. According to World Bank statistics, Cameroon's real gross domestic product (GDP) grew by 3. 7 percent in 2024 and is projected to reach 4. 6 Million by 2035 at a strong. In 2023, Cameroon saw significant imports of electrical switches from top exporters including China, Germany, Poland, France, and Ukraine. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. 23%, coupled with a growth. The Industrial Producer Price Index (IPPI) released by the National Institute of Statistics (INS) on May 7, 2024, indicates a decline in production costs within Cameroonian industries in 2023, contributing to a 5. It is based on the information available at the time it was completed on December 7, 2023.
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