Search

Rwanda inflation surges to 8.9%, raising cost-of-living pressures

Rwanda motorists Photo @ Pixabay
Rwanda motorists Photo @ Pixabay
  • January inflation hits 8.9%, above target band
  • Food, health and energy costs drive surge

 

KIGALI, RWANDA – Rwanda’s annual inflation rose to 8.9% in January, breaching the government’s 2–8% target band and intensifying pressure on households already grappling with rising living costs.

The increase was largely driven by higher prices in key consumer categories. Food and non-alcoholic beverages rose by 5.3%, alcoholic beverages, tobacco and narcotics by 15.6%, while housing, water, electricity, gas and other fuels increased by 10.5%. Health prices surged by 71.1%, transport climbed 8.6%, and restaurants and hotels rose 19.2%.

Recent Business

Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
How Africa became the world’s mobile money powerhouse with $1.4 trillion transactions
Read More »
Frehiwot Tamru, CEO of Ethio telecom, and Gaetano Fasciana, Chief Technology Officer of Ascot Energy, during a strategic meeting in Addis Ababa. Photo @ Ethio Telecom.
Ethiopia turns to hybrid energy to power telecom expansion amid digital surge
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights