Rwanda Inflation Rises
Rwanda Inflation Rises

Rwanda Inflation Rises

Rwanda Inflation Rises

Rwanda’s inflation rate increased to 8.1% during the month of February year-on-year, the National Institute of Statistics of Rwanda consumer price index monthly report indicates. Last month, inflation was recorded at 7.4%, RwandaEye reported. The increase was mainly driven by rising prices of food and non-alcoholic beverages, that rose by 17.6%, housing, water electricity, gas and other fuels which were up 2.1%, and transport costs that expanded by 8.3%, according to the statistics body. According to the report, monthly inflation rose by 1.1% in February 2017. The increase means that Rwandans are now spending more francs to buy commodities especially food when compared to the same period last month. Underlying inflation rate, excluding fresh food and energy, was up by 0.5% compared to January, and increased by 5.6% on annual basis (February 2016). The annual average underlying inflation rate is 4.5%.


Short URL : https://goo.gl/LCzCPm
  1. https://goo.gl/ur02jG
  • https://goo.gl/mrF0SW
  • https://goo.gl/l7P1Ub
  • https://goo.gl/nBRw5Z
  • https://goo.gl/5GGOSD

You can also read ...

Bosnia Must Meet IMF Loan Terms
The International Monetary Fund warned Bosnia on Tuesday that...
China’s Tencent Overtakes Facebook in Market Value
China’s social media and video game giant Tencent overtook...
Malaysia Growth Robust
Malaysia’s economy should continue to grow at a decent pace...
Confidence in Afghanistan’s Future Rising Slowly
Afghanistan’s economy is expected to grow 2.6% this year, up...
Riyadh Going After  Non-Arrested Princes
Political analyst Jamal Khashoggi has said that Saudi Arabia...
Wage growth in Australia has fallen  dramatically in recent years.
The Reserve Bank of Australia says relentless cost cutting by...
No Sign Philippines Economy Overheating
The chief of the Bangko Sentral ng Pilipinas said the...
Supporters of the bill describe the change  as a boon for small business owners.
Lawmakers who sped a bill through the US House last week may...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.