10 December 2021

Rwanda's inflation is 1 pct year on year in November 2021

Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 1 percent year on year in November 2021 up from 0.6 percent in October 2021.

In November 2021, Food and non-alcoholic beverages decreased by 3.7 percent on annual basis and decreased by 2.7 percent on monthly basis. Education increased by 19.2 percent on annual change and was stable on monthly basis. Transport increased by 3.8 percent on annual basis and increased by 0.2 percent on monthly basis. Restaurants and hotels increased by 3.9 percent on annual basis and increased by 0.9 percent on monthly basis.

The data also show the “local goods” decreased by 0.8 percent on annual change and decreased by 0.8 percent on monthly basis, while prices of the “imported products” increased by 7 percent on annual basis and increased by 0.2 percent on monthly basis.

The prices of the “fresh products” decreased by 10.2 percent on annual change and decreased by 5.1 percent on monthly basis.

The prices of the “Energy” increased by 2.9 percent on annual change and increased by 0.7 percent on monthly basis.

The prices of the “General Index excluding fresh Products and energy” increased by 3.8 percent on annual change and increased by 0.4 percent on monthly basis.

By Lucie MUTETIJABIRO