Rwanda’s Inflation Eases by More Than Expected

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Rwanda’s inflation fell to 3.5 percent year-on-year in July from 4.8 percent a month earlier, the National Bureau of Statistics said on Thursday.

According to NISR attributes the decline to lower cost of foodstuffs and non-alcoholic beverages and transport.

The prices of food and non-alcoholic beverages fell to 6.9 per cent last month lower than 9.8 per cent in June, while those of transport were down to 1.0 per cent compared to 4.6 per cent the previous month.

Housing, water, electricity, gas and other fuels were at 1.8 per cent, slightly higher than 1.5 per cent in June.

 

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