Consumer prices in Rwanda declined 1.0 percent year-on-year in November 2018, following a 3.4 percent fall in the previous month. It is the third consecutive month of deflation, as prices fell for food & non-alcoholic beverages (-9.2 percent vs -14.2 percent) and recreation & culture (-1.1 percent vs -1.0 percent). Meantime, inflation softened for housing & utilities (9.1 percent vs 9.3 percent); transport (9.6 percent vs 9.9 percent) and alcoholic beverages, tobacco & narcotics (2.4 percent vs 2.6 percent). In contrast, cost rose faster for furnishings & household equipment (2.8 percent vs 2.6 percent) and restaurants & hotels (0.9 percent vs 0.3 percent). On a monthly basis, consumer prices went down 0.5 percent after decreasing 1.1 percent in the previous month. Inflation Rate in Rwanda averaged 5.97 percent from 1997 until 2018, 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.

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. Looking forward, we estimate Inflation Rate in Rwanda to stand at -5.60 in 12 months time. In the long-term, the Rwanda Inflation Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

Rwanda Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 09:15 AM Inflation Rate YoY 0.6% 0.6% 0.9%
2018-10-10 09:00 AM Inflation Rate YoY -1.1% 0.6% 1.1%
2018-11-12 03:00 AM Inflation Rate YoY -3.4% -1.1% -0.5%
2018-12-10 08:40 AM Inflation Rate YoY -1.0% -3.4% -1.5%
2019-01-10 12:00 PM Inflation Rate YoY -1.0% 2%
2019-02-12 03:15 AM Inflation Rate YoY
2019-03-12 05:10 AM Inflation Rate YoY


Rwanda Prices Last Previous Highest Lowest Unit
Inflation Rate -1.00 -3.40 28.10 -15.80 percent [+]
Core Inflation Rate 1.60 1.70 19.10 1.30 percent [+]
Food Inflation -9.20 -14.20 24.50 -14.20 percent [+]
Inflation Rate Mom -0.50 -1.10 4.04 -3.94 percent [+]
Producer Prices 122.17 122.77 124.08 104.32 Index Points [+]
Producer Prices Change -1.50 -0.10 11.60 -3.73 percent [+]
Consumer Price Index Cpi 119.70 120.30 124.62 79.84 Index Points [+]
Cpi Housing Utilities 120.30 120.90 121.33 87.71 Index Points [+]
CPI Transportation 118.10 117.30 118.51 81.30 Index Points [+]
GDP Deflator 111.00 114.00 115.00 55.00 Index Points [+]


Rwanda Inflation Rate

In Rwanda, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Rwanda Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Inflation Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -3.40 28.10 -15.80 1997 - 2018 percent Monthly
2014M2=100, NSA




Country Last Previous
Argentina 48.00 Nov/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 1.90 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 2.33 Nov/18
Indonesia 3.23 Nov/18
Italy 1.60 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.20 Nov/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.20 Nov/18


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