What are the effects of inflation to the economy of Cameroon?

Inflation in Cameroon can lead to a decrease in the purchasing power of consumers, making goods and services more expensive and straining household budgets. It can also create uncertainty for businesses, affecting investment decisions and potentially slowing economic growth. Additionally, high inflation may exacerbate poverty levels, as lower-income households are disproportionately affected by rising prices. Overall, sustained inflation can destabilize the economy and hinder development efforts.