10 June 2018

Rwanda's CPI is 3.0 pct year on year in May 2018

Rwanda’s Consumer Price Index (CPI), main gauge of inflation has risen 3.0 percent year on year in May 2018 up from 1.7 percent in April 2018.

In May 2018, ‘Food and non-alcoholic beverages’, ‘Housing, water, electricity, gas and other fuels’ and Transport rose by 1.5 percent, 5.3 percent, and 8.1 percent respectively.

The data also show the “local goods” increased by 2.3 percent on annual change and increased by 1.2 percent on a monthly basis, while prices of the “imported products” increased by 5.3 percent on annual basis and increased by 0.4 percent on a monthly basis.

The prices of the “Energy” increased by 15.3 percent on annual change and increased by 4.0 percent on a monthly basis.

The prices of the “fresh products” increased by 3.7 percent on annual change and increased by 3.7 percent on a monthly basis.

By Lucie MUTETIJABIRO