10 May 2023

Rwanda's inflation is 17.8 pct year on year in April 2023

Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 17.8 percent year on year in April 2023 down from 19.3 percent in March 2023.

In April 2023, Food and non-alcoholic beverages increased by 36.8 percent on annual basis and increased by 2.2 percent on monthly basis. ‘Alcoholic beverages, tobacco and narcotics’ increased by 20.9 percent on annual basis and decreased by 0.9 percent on monthly basis. Transport increased by 8.5 percent on annual basis and was stable on monthly basis.

The data also show the “local products” increased by 19.6 percent on annual change and increased by 1.4 percent on monthly basis, while prices of the “imported products” increased by 12.3 percent on annual basis and increased by 0.4 percent on monthly basis.

The prices of the “fresh products” increased by 48.5 percent on annual change and increased by 1.9 percent on monthly basis.

The prices of the “energy” increased by 4.4 percent on annual change and decreased by 0.9 percent on monthly basis.

The prices of the “general Index excluding fresh products and energy” increased by 11.4 percent on annual change and increased by 1.1 percent on monthly basis.

By MUTETIJABIRO Lucie