APA – Kigali (Rwanda) – Rwanda’s consumer inflation decelerated slightly in June on the back of slight decline on food prices, official data showed Monday.
Consumer price index (CPI), the main gauge of inflation, grew 13,7 percent year on year last month, down from 14.1 percent in May 2023, according to the figures released by the National Bureau of Statistics.
In June 2023, Food and non-alcoholic beverages increased by 26.2 percent on annual basis and increased by 0.5 percent on monthly basis. ‘Alcoholic beverages, tobacco and narcotics’ increased by 22.7 percent on annual basis and increased by 1.4 percent on monthly basis. Restaurants and hotels increased by 10.7 percent on annual basis and decreased by 0.5 percent on monthly basis.
The data also show the “local products” increased by 15.4 percent on annual change and increased by 0.3 percent on monthly basis, while prices of the “imported products” increased by 8.6 percent on annual basis and increased by 0.8 percent on monthly basis.
The prices of the “fresh products” increased by 34.9 percent on annual change and was stable on monthly basis.
The prices of the “energy” increased by 4.9 percent on annual change and decreased by 0.3 percent on monthly basis.
The prices of the “general Index excluding fresh products and energy” increased by 9 percent on annual change and increased by 0.6 percenton monthly basis.
CU/abj/APA