Consumer prices in Rwanda fell 3.2 percent year-on-year in September of 2021, following a 1.8 percent slump in August. It was the largest decrease in consumer prices since October of 2018. Main downward pressure came from food and non-alcoholic beverages (-8.4 percent vs -5.7 percent in August) on account of vegetables (-18.8 percent vs -13.4 percent); and transport (-14.9 percent vs -14.5 percent). On a monthly basis, consumer prices edged up 0.2 percent, after a 0.5 percent rise in the previous month. source: National Institute of Statistics of Rwanda
Inflation Rate in Rwanda averaged 5.84 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 October of 2021.
Inflation Rate in Rwanda is expected to be 1.00 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.