Rwanda's CPI up 3.5 pct year on year in July 2017
Rwanda’s Consumer Price Index (CPI), main gauge of inflation has risen 3.5 percent year on year in July 2017 down from 4.8 percent in June 2017.
In July 2017, ‘Food and non-alcoholic beverages’ and‘Housing, water, electricity, gas and other fuels’rose by 6.9 percent and 1.8 percent respectively.
The data also show the “local goods” increased by 3.3 percent on annual change and decreased by 0.2 percent on a monthly basis, while prices of the “imported products” increased by 4.2 percent on annual basis and increased by 0.1 percent on a monthly basis.
The prices of the “fresh products” increased by 2.5 percent on annual change and decreased by 0.7 percent on a monthly basis.
By: Lucie MUTETIJABIRO