Producer prices for goods and services in Rwanda increased by 11.9 per cent in June, driven by a significant rise in prices in the manufacturing industry, which increased by 14.9 per cent year-on-year.

The producer prices had increased by 6.3 per cent in May.

According to the latest data of Producer Price Index (PPI) released by the National Institute of Statistics Rwanda (NISR), local producer prices increased by 8.7 per cent and export producer prices by 19.4 per cent during the period under review.

The PPI measures the average change over time in prices received by domestic producers to produce their goods and services for local sales and exports.

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The industries that comprise the PPI include mining, manufacturing, natural gas, electricity, construction, waste, information, and communication.

The PPI survey covers a sample of 114 establishments and 402 products countrywide, with data collected by NISR and the National Bank of Rwanda. This is a measure of inflation from the producers’ perspective.

NISR indicates that besides the 14.9 per cent increase in manufacturing prices and an increase of 1.1 per cent in prices of mining activities, other items, including electricity, gas, steam and air conditioning supply, water supply, sewerage, and waste management, as well as information and communication, remained unchanged during the period under review.

According to the statistics body, the index reached an all-time high of 8.2 per cent in February 2019 and a record low of -5.30 per cent in July 2022.

Meanwhile, in the first quarter of 2025, total trade was $1,995 million, a decrease of 0.99 per cent over the first quarter of 2024.

Domestic exports were estimated at $480.82 million, while imports were estimated at $1,379.05 million and re-exports were estimated at $ 135.39 million, according to recent data released by NISR.