25 February 2013

Rwanda's inflation rate increased slightly on food in January 2013

In January 2013 the Consumer Price Index (CPI) which is described to be the  main gauge of inflation in Rwanda,increased by 5.67% compared to 3.88% in the previous month.

The underlying inflation rate (excluding fresh food and energy) is increased by 1.89% if compared to the previous month and increased by 4.68% on annual change. The annual average underlying inflation rate is + 3.7% in January 2013 down from the previous month 3.9%.
The increase in the consumer price index of 1.37 is attributable primarily to the increase in Food and non-alcoholic beverages (0.23) and Education (35.18).

The 'local goods' increased by 6.34 on annual change with a monthly change of 1.81, while prices of the imported products increased by 3.04 on annual change with a monthly change of -0.38.

The prices of the fresh products had a positive annual change of 10.69 between January 2013 and January 2012.

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