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As Of January 2018, Rwanda Consumer Price Index Reached 1.3%

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As Of January 2018, Rwanda Consumer Price Index Reached 1.3%

Rwanda’s Consumer Price Index(CPI) has now reached at a level of 1.3% according to the National Institute of Statistics (NISR).

“The main gauge of inflation [Consumer Price Index (CPI)] has risen 1.3 percent year on year in January 2018 up from 0.7 percent in December 2017,” the statistics body reported.

In January 2018, ‘Housing, water, electricity, gas and other fuels’ and Transport rose by 2.2 percent, and 2.7 percent respectively.

The data also shows that the “local goods” increased by 0.4% on annual change and increased by 0.2% on a monthly basis, while prices of “imported products” increased by 4.2% on an annual basis and increased by 0.2% on a monthly basis.

Meanwhile, “Energy” prices increased by 7.5% on an annual change and increased by 0.1% on a monthly basis.

The prices of the “fresh products” decreased by 4.1% on an annual change and increased by 0.2% on a monthly basis.

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