Consumer prices in Rwanda fell 1.8 percent year-on-year in August of 2021, following a 1.1 percent slump in July. That was the biggest decrease in consumer prices since October of 2018. Main downward pressure came from prices of food & non-alcoholic beverages (-5.7 percent vs -3.5 percent in July), on account of vegetables (-13.4 percent vs -10.7 percent), and transport (-14.5 percent vs -15.8 percent). On a monthly basis, consumer prices edged up 0.5 percent, after a 0.3 percent downtick in the prior month. source: National Institute of Statistics of Rwanda
Inflation Rate in Rwanda averaged 5.87 percent from 1997 until 2021, reaching an all time high of 28.10 percent in February of 1998 and a record low of -15.80 percent in February of 1999. This page provides - Rwanda Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Inflation Rate in Rwanda is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda Inflation Rate is projected to trend around 5.60 percent in 2022 and 5.00 percent in 2023, according to our econometric models.