Cost of food in Rwanda decreased 6.80 percent in January of 2019 over the same month in the previous year. Food Inflation in Rwanda averaged 5.58 percent from 2010 until 2018, reaching an all time high of 24.50 percent in February of 2017 and a record low of -14.20 percent in October of 2018.
Food Inflation in Rwanda is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Rwanda to stand at 3.00 in 12 months time. In the long-term, the Rwanda Food Inflation is projected to trend around 2.50 percent in 2020, according to our econometric models.