Rwanda's annual inflation rate rose for the third month to 12.7% in June 2026, the highest level since October 2023, up from May's 12.3%. Prices climbed further for transportation (29.1% vs 28% in May); housing & utilities (23.3% vs 21.8%); recreation & culture (11.3% vs 8.5%) and food & non-alcoholic beverages (8% vs 7.6%), especially meat (14.7%) and vegetables (11.8%). At the same time, prices remained elevated for health (65%); alcoholic beverages & tobacco (13.5%); restaurants & hotels (13.4%); education (11.3%), furnishings & household equipment (10.2%) and miscellaneous goods & services (9.2%). On a monthly basis, the CPI rose by 0.4%, after a 0.6% increase in the month before. source: National Institute of Statistics of Rwanda

Inflation Rate in Rwanda increased to 12.70 percent in June from 12.30 percent in May of 2026. Inflation Rate in Rwanda averaged 6.60 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 July of 2026.

Inflation Rate in Rwanda increased to 12.70 percent in June from 12.30 percent in May of 2026. Inflation Rate in Rwanda is expected to be 13.80 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 7.90 percent in 2027 and 6.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-10 08:00 AM
Inflation Rate YoY
May 12.3% 11.5% 13.0%
2026-07-10 08:00 AM
Inflation Rate YoY
Jun 12.7% 12.3% 14.0%
2026-08-10 08:00 AM
Inflation Rate YoY
Jul 12.7% 13.2%


Related Last Previous Unit Reference
Core Inflation Rate 9.70 9.20 percent Jun 2026
CPI Housing Utilities 190.50 188.50 points Jun 2026
CPI Transportation 228.10 225.90 points Jun 2026
Food Inflation 8.00 7.60 percent Jun 2026
GDP Deflator 114.00 111.00 points Mar 2026
Inflation Rate YoY 12.70 12.30 percent Jun 2026
Inflation Rate MoM 0.40 0.60 percent Jun 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
12.70 12.30 33.80 -15.80 1997 - 2026 percent Monthly
2014M2=100, NSA

News Stream
Rwanda Inflation Rate Quickens for 3rd Month
Rwanda's annual inflation rate rose for the third month to 12.7% in June 2026, the highest level since October 2023, up from May's 12.3%. Prices climbed further for transportation (29.1% vs 28% in May); housing & utilities (23.3% vs 21.8%); recreation & culture (11.3% vs 8.5%) and food & non-alcoholic beverages (8% vs 7.6%), especially meat (14.7%) and vegetables (11.8%). At the same time, prices remained elevated for health (65%); alcoholic beverages & tobacco (13.5%); restaurants & hotels (13.4%); education (11.3%), furnishings & household equipment (10.2%) and miscellaneous goods & services (9.2%). On a monthly basis, the CPI rose by 0.4%, after a 0.6% increase in the month before.
2026-07-10
Rwanda Inflation Rate Accelerates for 2nd Month
Rwanda's annual inflation rate quickened further to 12.3% in May 2026, a fresh high since October 2023, up from 11.5% in April. The main upward pressure came from prices of transportation (28% vs 26.6% in April); housing & utilities (21.8% vs 22.8%) and food & non-alcoholic beverages (7.6% vs 5.8%). At the same time, prices remained elevated for other CPI items, including alcoholic beverages & tobacco (14.2%); restaurants & hotels (15.1%); education (11.3%); recreation & culture (8.5%); health (65.3%), among others. The core inflation rate accelerated to 9.2% in May, the highest since January 2024, from 8.7% in the prior month. On a monthly basis, the CPI rose by 0.6% in May, down sharply from a 5.9% advance in the month before.
2026-06-10
Rwanda Inflation Rate at 2-/1/2-Year High of 11.5%
Rwanda's annual inflation rate accelerated to 11.5% in April 2026 from 7.7% in the previous month. It was the highest level since October 2023, with food and non-alcoholic beverages rising at the fastest pace in nine months (5.8% vs 4.6% in March), mainly driven by meat, non-alcoholic beverages, and bread and cereals. Inflation also accelerated for transport (26.6% vs 6.5%); housing, water, electricity, gas, and other fuels (22.8% vs 10.6%); clothing and footwear (4.6% vs 4.3%); alcoholic beverages and tobacco (15.6% vs 13.8%); and miscellaneous goods and services (7.7% vs 5.5%). The core inflation rate accelerated to 8.7% in April from 8.0% in the preceding month, marking the fastest increase since January 2024. On a monthly basis, the CPI rose by 5.7%, following a 1.7% increase in March, marking the fastest pace since the data series began in 2009.
2026-05-10