Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 20.8 percent year on year in February 2023 up from 20.7 percent in January 2023, according to official data released Friday
In February 2023, Food and non-alcoholic beverages increased by 42.4 percent on an annual basis and increased by 4.7 percent on a monthly basis. ‘Housing, water, electricity, gas and other fuels’ increased by 7.1 percent on an annual basis and increased by 0.9 percent on monthly basis. Transport increased by 12.1 percent on an annual basis and decreased by 0.1 percent on a monthly basis.
The data also show the “local products” increased by 21.9 percent on annual change and increased by 2.3 percent on monthly basis, while prices of the “imported products” increased by 17.5 percent on annual basis and increased by 0.4 percent on monthly basis.
The prices of the “fresh products” increased by 48.7 percent on annual change and increased by 7.3 percent on monthly basis.
The prices of the “energy” increased by 15.4 percent on annual change and increased by 1.2 percent on monthly basis.
The prices of the “general Index excluding fresh products and energy” increased by 14.4 percent on annual change and increased by 0.3 percent on monthly basis.
CU/APA