00:00:00 IGIHE NETWORK KINYARWANDA ENGLISH FRANCAIS

Food prices increase by 42.4 percent in February 2023

By IGIHE
On 11 March 2023 at 08:14

The National Institute of Statistics of Rwanda has announced that Rwanda’s Consumer Price Index (CPI), the main gauge of inflation increased by 20.8 percent year on year in February 2023 up from 20.7 percent in January 2023.

According to released figures, in February 2023, Food and non-alcoholic beverages increased by 42.4 percent on annual basis and increased by 4.7 percent on monthly basis. ‘Housing, water, electricity, gas and other fuels’ increased by 7.1 percent on annual basis and increased by 0.9 percent on monthly basis. Transport increased by 12.1 percent on annual basis and decreased by 0.1 percent on monthly basis.

The data also show the “local products” increased by 21.9 percent on annual change and increased by 2.3 percent on monthly basis, while prices of the “imported products” increased by 17.5 percent on annual basis and increased by 0.4 percent on monthly basis.

The prices of the “fresh products” increased by 48.7 percent on annual change and increased by 7.3 percent on monthly basis.

The prices of the “energy” increased by 15.4 percent on annual change and increased by 1.2 percent on monthly basis.

The prices of the “general Index excluding fresh products and energy” increased by 14.4 percent on annual change and increased by 0.3 percent on monthly basis.


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