Rwanda's CPI up 7.4 pct year on year in January 2017
Rwanda’s Consumer Price Index (CPI), a main gauge of inflation grew 7.4 percent year on year in January 2017up from 7.3 percent in December 2016.
In January2017, ‘Food and non-alcoholic beverages’, ‘Housing, water, electricity, gas and other fuels’ and Transport rose by 16.2 percent, 1.5 percent and 8.3 percent respectively.
The data also show the “local goods” increased by 7.1 percent on annual change anddecreased by 0.6 percent on a monthly basis, while prices of the “imported products” increased by 8.4 percent on annual basis and increased by 0.1percent on a monthly basis.
The prices of the “fresh products” increased by 17.8 percent on annual change and decreased by 2.9 percent on a monthly basis.
By: Lucie MUTETIJABIRO