Search

Rwanda’s Inflation Rises as Western Aid Cuts Take Hold

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.

This article is free to read.

Sign up for free or sign in to continue reading.

Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.

Create your free account or sign in


Recent Business

Africa on the globe. Photo @ Unsplash
Can Africa stake claim in global energy transition at G20 Summit?
Read More »
Power line or electricity line grids Photo by Fré Sonneveld @ Unsplash
World Bank backs Tunisia with $430mn to modernise power sector
Read More »
Dr Cassiel Ato Forson, Ghana's Finance Minister. Photo @ Parliament of Ghana/Facebook
Ghana targets investor confidence with bold tax cuts and tighter deficit
Read More »

Recent Politics

Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Senegal’s soaring presidency budget sparks scrutiny amid economic strain
Read More »
Tanzania President Samia Suluhu Hassan at her investiture. Photo @ Samia Hassan/Facebook
Tanzania’s post-election crackdown on foreigners threatens rift with Kenya
Read More »
Street market in Kaduna, Nigeria. Photo @Pexels
Trump’s military threat over ‘Christian genocide’ splits Nigeria
Read More »

Latest Posts

Latest news insights