Rwanda's overall inflation rate accelerated for the sixth straight month to 20.0% in September 2026 from 15.9% in August, marking the fastest increase since June 2023. The acceleration came as inflation for food and non-alcoholic beverages, the largest component of the inflation basket, surged to 25.2%, the highest since September 2023, from 16.7% in August. Inflation also accelerated for communications (29.1% vs 27.6% in August), restaurants and hotels (16.0% vs 13.7%), furnishings (10.8% vs 10.2%), and clothing and footwear (5.3% vs 5.0%). Meanwhile, inflation eased for transportation (26.0% vs 27.5% in August) and housing and utilities (19.1% vs 19.9%). On a monthly basis, the CPI rose by 5.0%, following a 2.6% gain in the prior month, marking the fastest pace in five months. source: National Institute of Statistics of Rwanda

Inflation Rate in Rwanda increased to 20 percent in September from 15.90 percent in August of 2026. Inflation Rate in Rwanda averaged 6.69 percent from 1997 until 2026, reaching an all time high of 33.80 percent in November of 2022 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 October of 2026.

Inflation Rate in Rwanda increased to 20 percent in September from 15.90 percent in August of 2026. Inflation Rate in Rwanda is expected to be 19.00 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 8.50 percent in 2027 and 7.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-10 08:00 AM
Inflation Rate YoY
Aug 15.9% 13.8% 14.1%
2026-10-10 09:00 AM
Inflation Rate YoY
Sep 20.0% 15.9% 17.4%
2026-11-10 08:00 AM
Inflation Rate YoY
Oct 20.0%


Related Last Previous Unit Reference
Core Inflation Rate 10.50 10.30 percent Sep 2026
CPI Housing Utilities 186.50 186.10 points Sep 2026
CPI Transportation 230.90 230.60 points Sep 2026
Food Inflation 25.20 16.70 percent Sep 2026
GDP Deflator 118.00 114.00 points Jun 2026
Inflation Rate YoY 20.00 15.90 percent Sep 2026
Inflation Rate MoM 5.00 2.60 percent Sep 2026


Rwanda Inflation Rate
In Rwanda, the two main components of the Consumer Price Index are: Food & Non-alcoholic Beverages (39% of the total weight) and Housing & Utilities (18%). Others include: Transport (8%), Alcoholic Beverages & Tobacco (7%), Restaurants & Hotels (6%), Clothing & Footwear (5%), Miscellaneous Goods & Services (5%), Household Contents, Equipment & Maintenance (3%), Communications (2%), Recreation & Culture (2%), Education (2%) and Health (1%).
Actual Previous Highest Lowest Dates Unit Frequency
20.00 15.90 33.80 -15.80 1997 - 2026 percent Monthly
2014M2=100, NSA

News Stream
Rwanda Inflation Hits Over 3-Year High
Rwanda's overall inflation rate accelerated for the sixth straight month to 20.0% in September 2026 from 15.9% in August, marking the fastest increase since June 2023. The acceleration came as inflation for food and non-alcoholic beverages, the largest component of the inflation basket, surged to 25.2%, the highest since September 2023, from 16.7% in August. Inflation also accelerated for communications (29.1% vs 27.6% in August), restaurants and hotels (16.0% vs 13.7%), furnishings (10.8% vs 10.2%), and clothing and footwear (5.3% vs 5.0%). Meanwhile, inflation eased for transportation (26.0% vs 27.5% in August) and housing and utilities (19.1% vs 19.9%). On a monthly basis, the CPI rose by 5.0%, following a 2.6% gain in the prior month, marking the fastest pace in five months.
2026-10-10
Rwanda Inflation Rate Continues to Soar
Rwanda's overall inflation rate climbed further to 15.9% in August 2026, a fresh high since September 2023, from 13.8% in July. Inflation has now accelerated for five consecutive months. Strong price pressures stemmed from transportation (27.5% vs 27.5% in July); communications (27.6%); housing & utlities (19.9% vs 20.5%); food & non-alcoholic beverages (16.7% vs 12.6%) and restaurants & hotels (13.7% vs 12.8%). On a monthly basis, the CPI surged by 2.6%, the steepest increase in four motnhs, after a 0.3% rise in the prior month.
2026-09-10
Rwanda Annual Inflation Accelerates Further
Rwanda’s annual inflation rate rose to 13.8% in July 2026 from 12.7% in June, marking the highest level since September 2023 and the fourth consecutive monthly increase. The acceleration was mainly driven by higher inflation for food (12.6% vs 8%), particularly vegetables (17.3% vs 11.8%), as well as furnishings (10.4% vs 10.2%) and education (11.8% vs 11.3%). Meanwhile, inflation eased for housing and utilities (20.5% vs 23.3%), transport (27.5% vs 29.1%), alcoholic beverages and tobacco (11% vs 13.5%), restaurants and hotels (12.8% vs 13.4%), health (2.5% vs 6.5%) and clothing and footwear (2.8% vs 4.7%). On a monthly basis, consumer prices rose 0.3%, slowing from 0.4% in June.
2026-08-10