Search

Rwanda’s Inflation Rises as Western Aid Cuts Take Hold

Subscriber only Subscriber only
Breaking News
© Allen Dreyfus
  • Annual CPI climbs to 3.8% in February from 3.2% a year earlier
  • Rising food and service costs offset lower vegetable prices

Rwanda’s inflation edged higher in February as the Consumer Price Index (CPI) accelerated to 3.8%, up from 3.2% in the same month last year, according to data released Monday by the National Institute of Statistics of Rwanda. The increase was largely driven by rising food costs, particularly meat, milk, cheese, and eggs, alongside higher prices in the transport, education, restaurant, and hotel sectors. A 4.9% drop in vegetable prices was not enough to counterbalance these increases.

You need an active subscription to continue reading this article.

Recent Business

Farm export. Photo by Soo Ann Woon @ Unsplash
South Africa’s farm exports to US jump despite tariff threat
Read More »
Roundabout in Yaounde, Cameroon @ Pexels
Cameroon seeks $1.7 billion in fresh borrowing to cover fiscal gap
Read More »
Ecobank building @ Pexels
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
Read More »

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »

Latest Posts

Latest news insights