August 2017 CPI inflation


 

In August 2017, Rwanda’s Consumer Price Index (CPI) increased by 3.2 percent year on year from 3.5 percent recorded in July 2017, thereby sustaining its easing path from March 2017. “Food prices” are the main driver of changes in CPI in August 2017 as in the previous months. On monthly basis, CPI slightly went up by 0.2 percent from a marginal decrease of 0.1 percent in previous month.

 

 

Year on year inflation for “Food and non-alcoholic beverages” reached 6.9 percent in August 2017, similar to the previous month. Other key driver is “Alcoholic beverages and tobacco” prices with a year on year inflation standing at 9 percent in August 2017, lower than 9.6 percent recorded in July 2017.  

 

 

About the origin, in August 2017, both “Local products” and “Imported products” inflation reached 3.1 percent and 3.7 percent year on year respectively, from 3.3 percent and 4.2 percent year on year respectively in July 2017. Between July and August 2017, both “Local products” and “Imported products” prices went slightly up by 0.3 percent and 0.1 percent respectively.

 

 

“Fresh products” year on year inflation reached 3.8 percent in August 2017 from 2.5 percent recorded in July 2017, amid an increase of 2.5 percent in “Fresh products” prices between July and August 2017.