Rwanda's inflation is 4.5 percent year on year in April 2024
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 4.5 percent year on year in April 2024 up from 4.2 percent in March 2024.
In April 2024, ‘Food and non-alcoholic beverages’ increased by 1.6 percent on annual basis and it increased by 1.3 percent on monthly basis. Transport increased by 24.2 percent on annual basis and it increased by 8.2 percent on monthly basis.
Rwanda's inflation is 4.2 percent year on year in March 2024
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 4.2 percent year on year in March 2024 down from 4.9 percent in February 2024.
In March 2024, ‘Food and non-alcoholic beverages’ increased by 2.5 percent on annual basis and it increased by 0.6 percent on monthly basis. Transport increased by 14.8 percent on annual basis and it increased by 6.2 percent on monthly basis.
Rwanda's inflation is 4.9 percent year on year in February 2024
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 4.9 percent year on year in February 2024 down from 5 percent in January 2023.
In February 2024, ‘Food and non-alcoholic beverages’ increased by 6.3 percent on annual basis and it increased by 3.7 percent on monthly basis. Transport increased by 8.1 percent on annual basis and it increased by 1.4 percent on monthly basis.
Rwanda's inflation is 5 percent year on year in January 2024
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 5 percent year on year in January 2024 down from 6.4 percent in December 2023.
In January 2024, ‘Food and non-alcoholic beverages’ increased by 7.4 percent on annual basis and it decreased by 1.3 percent on monthly basis. Transport increased by 6.4 percent on annual basis and it increased by 0.3 percent on monthly basis.
Rwanda's inflation is 6.4 percent year on year in December 2023
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 6.4 percent year on year in December 2023 down from 9.2 percent in November 2023.
In December 2023, ‘Food and non-alcoholic beverages’ increased by 11.7 percent on annual basis and it decreased by 6.2 percent on monthly basis. Transport increased by 6.7 percent on annual basis and it decreased by 1.5 percent on monthly basis.
Rwanda's inflation is 9.2 percent year on year in November 2023
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 9.2 percent year on year in November 2023 down from 11.2 percent in October 2023.
In November 2023, ‘Food and non-alcoholic beverages’ increased by 17.5 percent on annual basis and it decreased by 3.3 percent on monthly basis. Transport increased by 8.3 percent on annual basis and it increased by 0.2 percent on monthly basis. ‘Restaurants and hotels’ increased by 6.4 percent on annual basis and it increased by 0.2 percent on monthly basis.
Rwanda's inflation is 11.2 percent year on year in October 2023
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 11.2 percent year on year in October 2023 down from 13.9 percent in September 2023.
In October 2023, ‘Food and non-alcoholic beverages’ increased by 23.1 percent on annual basis and it was stable on monthly basis. ‘Alcoholic beverages, tobacco and narcotics’ increased by 8.4 percent on annual basis and it was stable on monthly basis. Transport increased by 8.4 percent on annual basis and it increased by 2 percent on monthly basis.
Unemployment Rate Holds Steady in Q3 2023, Disparities Persist
The latest labour market data for August 2023 (Q3) has been released, revealing interesting trends in the unemployment landscape. While the overall unemployment rate remained at 18.0 percent, slightly declined as anticipated, there were notable variations across different demographic groups.
Rwanda's inflation is 13.9 percent year on year in September 2023
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 13.9 percent year on year in September 2023 up from 12.3 percent in August 2023.
In September 2023, ‘Food and non-alcoholic beverages’ increased by 29.6 percent on annual basis and increased by 9 percent on monthly basis. ‘Alcoholic beverages, tobacco and narcotics’ increased by 12.2 percent on annual basis and increased by 0.2 percent on monthly basis. Transport increased by 5.9 percent on annual basis and increased by 0.8 percent on monthly basis.
Rwanda's inflation is 12.3 percent year on year in August 2023
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 12.3 percent year on year in August 2023 up from 11.9 percent in July 2023.
In August 2023, ‘Food and non-alcoholic beverages’ increased by 24.6 percent on annual basis and increased by 1.8 percent on monthly basis. ‘Alcoholic beverages, tobacco and narcotics’ increased by 12.2 percent on annual basis and decreased by 1 percent on monthly basis. Transport increased by 7 percent on annual basis and increased by 2.5 percent on monthly basis.