Rwanda's annual inflation rate rose to 2.7 percent in April of 2021 from 1.7 percent in the previous month, reaching its highest level since January. Main upward pressure came from prices of food & non-alcoholic beverages (0.4 percent vs -0.5 percent in March); alcoholic beverages & tobacco (7.3 percent vs 7.2 percent); clothing & footwear (4.8 percent vs 4.3 percent); housing & utilities (5.4 percent vs 2.1 percent) and transport (2.3 percent vs 2.2 percent). On a monthly basis, consumer prices went down 0.9 percent, after a 1.4 percent rise in the previous month. source: National Institute of Statistics of Rwanda

Inflation Rate in Rwanda averaged 5.96 percent from 1997 until 2021, reaching an all time high of 28.10 percent in February of 1998 and a record low of -15.80 percent in February of 1999. This page provides - Rwanda Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Inflation Rate in Rwanda is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Rwanda to stand at 3.80 in 12 months time. In the long-term, the Rwanda Inflation Rate is projected to trend around 4.50 percent in 2022 and 5.00 percent in 2023, according to our econometric models.

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Rwanda Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.70 1.70 28.10 -15.80 1997 - 2021 percent Monthly
2014M2=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-10 08:00 AM Jan 3.5% 3.9% 4.3%
2021-03-10 08:00 AM Feb 2.2% 3.5% 4%
2021-04-10 08:45 AM Mar 1.7% 2.2% 1.7%
2021-05-10 08:50 AM Apr 2.7% 1.7% 1.3%
2021-06-10 09:00 AM May 2.7%
2021-07-09 08:00 AM Jun 2.5%
2021-08-10 08:00 AM Jul
2021-09-10 08:00 AM Aug


News Stream
Rwanda April Inflation Rate Picks Up to 2.7%
Rwanda's annual inflation rate rose to 2.7 percent in April of 2021 from 1.7 percent in the previous month, reaching its highest level since January. Main upward pressure came from prices of food & non-alcoholic beverages (0.4 percent vs -0.5 percent in March); alcoholic beverages & tobacco (7.3 percent vs 7.2 percent); clothing & footwear (4.8 percent vs 4.3 percent); housing & utilities (5.4 percent vs 2.1 percent) and transport (2.3 percent vs 2.2 percent). On a monthly basis, consumer prices went down 0.9 percent, after a 1.4 percent rise in the previous month.
2021-05-10
Rwanda Inflation Rate Eases to 20-Month Low
Rwanda's annual inflation rate slowed for the eight straight month to 1.7 percent in March of 2021, the lowest level since July of 2019, due mainly to a softer rise in prices of housing and utilities (2.1 percent vs 2.9 percent), while food & non-alcoholic beverages prices fell (-0.5 percent vs 0.9 percent in February). Meantime, restaurants and hotels inflation was steady (at 3.6 percent). By contrast, prices advanced faster for alcoholic beverages & tobacco (7.2 percent vs 5.2 percent); transport (2.2 percent vs 1.3 percent). On a monthly basis, consumer prices went up 1.4 percent, following a 0.5 percent rise in February.
2021-04-10
Rwanda Inflation Rate at 7-Month Low of 2.2%
Rwanda's annual inflation rate eased for the seventh straight month to 2.2 percent in February of 2021, the lowest level since July of 2019. Prices slowed down mainly for food & non-alcoholic beverages (0.9 percent vs 3.4 percent in January); housing and utilities (2.9 percent vs 4.5 percent); restaurants and hotels (3.6 percent vs 4.7 percent). In contrast, prices advanced faster for alcoholic beverages & tobacco (5.2 percent vs 3.2 percent); transport (1.3 percent vs 1.2 percent). On a monthly basis, consumer prices went up 0.5 percent, the first increase in 5 months.
2021-03-10
Rwanda January Inflation Rate at Near 1-1/2-Year Low
Rwanda's annual inflation rate eased for the sixth straight month to 3.5 percent in January of 2021, reaching its lowest level since August of 2019. Prices slowed down mainly for food & non-alcoholic beverages (3.4 percent vs 4 percent in December); alcoholic beverages & tobacco (3.2 percent vs 5.4 percent); clothing & footwear (4.7 percent vs 5.8 percent) and furnishings (5.1 percent vs 5.8 percent). On a monthly basis, consumer prices were down 0.8 percent, after decreasing 1.3 percent in the previous month.
2021-02-10

Rwanda Inflation Rate
In Rwanda, the two main components of the consumer price index are: Food and Non-Alcoholic Beverages (39 percent of total weight) and Housing and Utilities (18.3 percent). Others include: Transport (7.7 percent); Alcoholic Beverages and Tobacco (6.8 percent); Restaurants and Hotels (6.4 percent); Clothing and Footwear (5.3 percent) and Miscellaneous Goods and Services (5.2 percent). Household Contents, Equipment and Maintenance, Communication, Recreation and Culture, Education and Health account for the remaining 11.3 percent of total weight. .