January  2018 CPI inflation


 


 

In January 2018, Rwanda’s Consumer Price Index (CPI) went up by 1.3 percent year on year, from 0.7 percent recorded in December 2017. “Food prices” continued to decline and this has led to a subdued CPI inflation for the last two months. On monthly basis, CPI increased by 0.2 percent.

 

Year on year inflation for “Food and non-alcoholic beverages” stood at -1.0 percent in January 2018 from -3.0 percent recorded in the previous month, mostly due to base effect as in January 2017, food prices had reached a higher level.

 

About the origin, in January 2018, “Local products” year on year inflation reached 0.4 percent from -0.3 percent in December 2017, whereas “Imported products” year on year inflation stood at 4.2 percent from 4.1 percent in December 2017. From December 2017 to January 2018, both “Local products” and “Imported products” month on month inflation stood at 0.2 percent.

 

"Fresh products" year on year inflation remained subdued at -4.1 percent in January 2018. From December 2017 to January 2018, "Fresh products" prices marginally increased by 0.2 Percent.