10 February 2014

Rwanda CPI inflation rises 3.65 pct in Dec.2013

Rwanda's consumer price index (CPI), a main gauge of inflation, grew 3.65 percent year on year in 2013, but  stands  for  a decreased  of 1.72 percent over the previous month.

The decrease in the consumer price index of 1.72 is attributable primarily to the decrease in Food and non-alcoholic beverages (4.55) and Housing, water, electricity, gas and other fuels (0.30).

The  'local goods' increased  by 4.15 on  annual  change  with  a  monthly change of -2.08,  while  prices of the imported products increased by 1.64 on annual change with a monthly change of -0.23.

Between December 2013 and December 2012, The  prices  of  the  fresh  products  had  a positive annual  change  of 4.88.

By: Oscar Sibomana

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