Consumer prices in Rwanda decreased 3.4 percent year-on-year in October of 2018, following a 1.1 percent fall in the previous month. It was the second straight month decline in consumer prices, as cost of food & non-alcoholic beverages dropped faster (-14.2 pct from -9.7 pct in September) and recreation & culture prices fell (-1.0 pct from 1.5 pct). Additionally, inflation slowed for housing & utilities (9.3 pct from 11.7 pct); transport (9.9 pct from 10.2 pct) while was flat for health (from 0.1 pct). On the other hand, prices increased faster for alcoholic beverages, tobacco & narcotics (2.6 percent from 2.2 pct); clothing & footwear (2.9 pct from 2.4 pct); miscellaneous goods & services (3.1 pct from 2.9 pct); furnishings & household equipment (2.6 pct from 1.8 pct) while restaurants & hotels prices went up by 0.3 percent, after being flat in September. On a monthly basis, consumer prices declined 1 percent, compared to a 0.1 percent fall in September. Inflation Rate in Rwanda averaged 6.04 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.

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 09:00 AM Inflation Rate YoY -3.4% 1.5%


Rwanda Prices Last Previous Highest Lowest Unit
Inflation Rate -3.40 -1.10 28.10 -15.80 percent [+]
Core Inflation Rate 1.90 2.00 19.10 1.30 percent [+]
Food Inflation -14.20 -9.70 24.50 -14.20 percent [+]
Inflation Rate Mom -1.00 -0.10 4.04 -3.94 percent [+]
Producer Prices 122.77 123.24 124.08 104.32 Index Points [+]
Producer Prices Change -0.10 0.30 11.60 -3.73 percent [+]
Consumer Price Index Cpi 120.30 121.61 124.62 79.84 Index Points [+]
Cpi Housing Utilities 120.90 121.33 121.33 87.71 Index Points [+]
CPI Transportation 117.30 116.99 118.51 81.30 Index Points [+]
GDP Deflator 114.00 113.00 115.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -1.10 28.10 -15.80 1997 - 2018 percent Monthly
2014M2=100, NSA




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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