October 2017 CPI inflation


 

In October 2017, Rwanda’s Consumer Price Index (CPI) increased by 3.6 percent year on year, easing from 3.8 percent recorded in September 2017. “Food prices” remains the key driver of changes in CPI in October 2017 as in the previous months. On monthly basis, CPI increased by 1.2 percent from 1.1 percent in previous month.

 

 

Year on year inflation for “Food and non-alcoholic beverages” reached 6.4 percent in September 2017, lower than 8.3 percent recorded the previous month. Other key driver is “Housing, water, electricity, gas and other fuels” prices with a year on year inflation of 2.4 percent in October 2017.  

 

 

About the origin, in October 2017, “Local products” and “Imported products” inflation reached 3.1 percent and 5.3 percent year on year respectively, from 3.8 percent and 3.7 percent year on year respectively in September 2017. Between September and October 2017, both “Local products” and “Imported products” prices increased by 1.1 percent and 1.5 percent respectively.

 

 

“Fresh products” year on year inflation was at 5.5 percent in October 2017 easing from 7.3 percent recorded in September 2017. Between September and October 2017 “Fresh products” prices went up by 4.3 percent.