- Rwanda’s inflation hits three-year high as food prices surge.
- Rural households face steeper price increases despite strong economic growth.
KIGALI, RWANDA – Rwanda’s nationwide inflation surged to 26.5% in October, its highest since April 2023, as soaring food prices exposed the limits of repeated interest-rate increases.
The increase from 20% in September contrasts with urban inflation of 19.5%, the benchmark used by the central bank for its 2%–8% target, raising concerns about household purchasing power and monetary policy effectiveness.
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