Cemac: Export price increase in Q1 2026, driven by energy product prices (+23%)

According to the BEAC's Composite Commodity Price Index (ICCPB), export prices of Cemac countries rose 0.7% in the first quarter of 2026, breaking the downward trend that started in Q2 2025. This increase was driven by energy products, whose prices surged 23%, thanks to higher oil (from $62.1 to $75.7 per barrel) and natural gas prices. Escalating geopolitical tensions in the Middle East and OPEC+'s restrictive quota policy explain the rise.