Rwanda's inflation is 2 pct year on year in March 2021
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 2 percent year on year in March 2021 up from 1.6 percent in February 2021.
In March 2021, Food and non-alcoholic beverages decreased by 1.4 percent on annual basis and increased by 2.9 percent on monthly basis. Alcoholic beverages, tobacco and narcotics increased by 11.9 percent on annual change and was stable on monthly basis. Housing, water, electricity, gas and other fuels increased by 2.2 percent on annual change and increased by 0.5 percent on monthly basis. Transport increased by 4.5 percent on annual basis and increased by 1.1 percent on monthly basis. Education increased by 10.7 percent on annual basis and increased by 10.6 percent on monthly basis
The data also show the “local goods” increased by 0.8 percent on annual change and increased by 1.6 percent on monthly basis, while prices of the “imported products” increased by 5.9 percent on annual basis and increased by 0.7 percent on monthly basis.
The prices of the “fresh products” decreased by 2.5 percent on annual change and increased by 4.4 percent on monthly basis.
The prices of the “Energy” increased by 0.8 percent on annual change and increased by 2.9 percent on monthly basis.
The prices of the “General Index excluding fresh Products and energy” increased by 3.3 percent on annual change and increased by 0.5 percent on monthly basis.
By Lucie MUTETIJABIRO