Inflation drops to 6.95%
Rwanda’s annual inflation for the month of April eased to 6.95 percent
compared to 8.18 per cent the previous month, the National Institute
of Statistics of Rwanda (NISR) said yesterday.
The figure is the lowest since September last year.
According to the figures released yesterday, urban inflation increased
by 0.24 per cent.
“The change, gives a general inflation rate by an annual average of
7.2% during the month of April 2012,” NISR said.
The underlying inflation rate (excluding fresh food and energy)
increased by 0.33 per cent compared to the previous month and
increased by 4.80% on annual change.
The institute attributed the change in Consumer Price Index to the
increase in food and non-alcoholic beverages which contributed 0.41
per cent and alcoholic beverages and tobacco which increased by 3.24