Specifically, the category of Food and non-alcoholic beverages witnessed a 25.4 percent increase compared to the previous year, but experienced a 3.8 percent decrease on a monthly basis. Similarly, ’Alcoholic beverages, tobacco, and narcotics’ saw a 21.5 percent annual increase and a 0.7 percent increase on a monthly basis. The Transport sector observed a 7.6 percent increase in prices on an annual basis, along with a 0.2 percent increase on a monthly basis.

Figures further show that the prices of "local products" increased by 15.9 percent on an annual basis, but experienced a 1.5 percent decrease compared to the previous month. Conversely, prices of "imported products" rose by 8.7 percent on an annual basis but decreased by 0.5 percent on a monthly basis.

Notably, the prices of "fresh products" displayed a significant annual change of 38.3 percent, yet underwent a monthly decrease of 4 percent. Meanwhile, the prices of "energy" increased by 5.9 percent annually and rose by 0.2 percent on a monthly basis.

When excluding fresh products and energy from the general index, the overall inflation rate remained at 8.7 percent on an annual basis, but experienced a 0.5 percent monthly decrease.

Rwanda’s inflation increased by 14.1 percent in May 2023.