Consumer Price Index, April 2022
In April 2022, the Rwandan urban consumer price index increased by 2.4% month-on-month lower than 3.1% achieved in the previous month. Year-on-year, inflation stood at 9.9% higher than an increase of 7.5% recorded in March 2022. Compared to the previous month, prices of local goods and services increased by 8.8% y-o-y, from an increase of 6.1% y-o-y recorded in March 2022 while prices for imported goods increased by 13.5% y-o-y, which is higher than an increase of 12.0% y-o-y of March 2022.
On monthly basis, the inflation stood at 2.4% which is lower than 3.1% recorded in previous month.
Year-on-year, consumer price index increased by 9.9% in April 2022 compared to 7.5% increase in March 2022 due to inflationary pressures from Food and non-alcoholic beverages which increased by 15.7% y-o-y, Transport (+7.0% y-o-y), Housing, water, electricity, gas and other fuels (+8.8% y-o-y) and Restaurants and hotels (+15.0% y-o-y) in April 2022.
Excluding fresh food products and energy, consumer price index increased by 9.1% in April 2022, which is higher than 7.6% of March 2022. Fresh products increased by 9.3% in April 2022, which is higher compared to an increase of 4.0% of March 2022. Energy prices increased by 20.3% in April 2022, which is higher than an increase of 15.9% of March 2022.
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