Industrial production: The index will grow by 13.3% in 2022
This rate is essentially driven by manufacturing industries, whose factory gate prices have risen by 8.6% compared with 2021, and by the extractive industries, with hydrocarbon extraction estimated at around 29% in 2022. The surge in the Industrial Production Price Index (IPPI) can also be explained by several factors: "the post-Covid-19 economic recovery, the disruptions to global value chains, the Russian-Ukrainian crisis, the Cameroonian economy "s dependence on imported raw materials, etc.," says the price analysis note from the National Institute of Statistics (INS).
