Rwanda's inflation is 20.7 pct year on year in January 2023
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 20.7 percent year on year in January 2023 down from 21.6 percent in December 2022.
In January 2023, Food and non-alcoholic beverages increased by 41 percent on annual basis and increased by 2.7 percent on monthly basis. ‘Housing, water, electricity, gas and other fuels’ increased by 8.3 percent on annual basis and increased by 0.1 percent on monthly basis. Transport increased by 12.6 percent on annual basis and increased by 0.5 percent on monthly basis.
The data also show the “local products” increased by 21.4 percent on annual change and increased by 1.4 percent on monthly basis, while prices of the “imported products” increased by 18.5 percent on annual basis and increased by 0.8 percent on monthly basis.
The prices of the “fresh products” increased by 44.6 percent on annual change and increased by 3.6 percent on monthly basis.
The prices of the “energy” increased by 18.2 percent on annual change and increased by 0.2 percent on monthly basis.
The prices of the “general Index excluding fresh products and energy” increased by 15.2 percent on annual change and increased by 0.7 percent on monthly basis.
By MUTETIJABIRO Lucie