10 November 2020

Rwanda's CPI is 7.2 pct year on year in October 2020

Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 7.2 percent year on year in October 2020 down from 8.9 percent in September 2020.

In October 2020, Food and non-alcoholic beverages increased by 9.7 percent on annual basis and increased by 0.1 percent on monthly basis. Alcoholic beverages, tobacco and narcotics increased by 20.6 percent on annual change and increased by 1.1 percent on monthly basis. Housing, water, electricity, gas and other fuels increased by 5.8 percent on annual change and increased by 0.5 percent on monthly basis. Transport increased by 11.9 percent on annual basis and decreased by 8.2 percent on monthly basis.

The data also show the “local goods” increased by 7.7 percent on annual change and decreased by 0.9 percent on monthly basis, while prices of the “imported products” increased by 5.8 percent on annual basis and decreased by 0.9 percent on monthly basis.

The prices of the “fresh products” increased by 15.3 percent on annual change and increased by 0.6 percent on monthly basis.

The prices of the “Energy” increased by 7.9 percent on annual change and increased by 1 percent on monthly basis.

The prices of the “General Index excluding fresh Products and energy” increased by 5.2 percent on annual change and decreased by 1.4 percent on monthly basis.

By Lucie MUTETIJABIRO