10 October 2013
Rwanda's annual inflation rises 4.04 % in August 2013
Rwanda's consumer price index (CPI), a main gauge of inflation, grew 4.04 percent year on year in August 2013 from 3.52% in the previous month due to increases in Food, non-alcoholic beverages and education
It is noted that the increase of 2.79 in prices of Food and non alcoholic beverages is primary attributable to the increase of 6.11 of vegetables.The 'local goods' increased by 4.38 on annual change with a monthly change of 1.34, while prices of the imported products increased by 2.66 on annual change with a monthly change of 0.45.
The data also showed the prices of the fresh products had a positive annual change of 6.98 between August 2013 and August 2012.
By: Liliose Ndwanyi & Oscar Sibomana