Rwanda’s Producer Price Index (PPI), which measures the average change over time in prices received by domestic producers for their goods and services, increased by 4.6 per cent year-on-year in December 2025, according to the National Institute of Statistics of Rwanda (NISR). ALSO READ: Manufacturing pushes producer prices up 13% in July The increase represents a slight uptick compared to the previous month, driven primarily by rising costs in the mining and energy sectors. According to NISR's latest PPI report released on Saturday, January 31, the annual rise in the general index was largely pushed up by a 20.4 per cent increase in prices within the mining and quarrying sector. ALSO READ: Producer prices up by 11.9% in June The utilities sector also contributed heavily to the increase, with prices for electricity, gas, steam, and air conditioning supply jumping by 34.8 per cent compared to the same period in 2024. Prices in the manufacturing sector, which carries the heaviest weight in the index, recorded a modest increase of 2.3 per cent year-on-year. Monthly performance On a monthly basis, producer prices increased by 0.6 per cent in December compared to November 2025. The statistics body attributed this monthly rise to a 14.1 per cent increase in prices of mining activities. However, the local producer price index, which tracks prices for products sold within Rwanda, saw a monthly decrease of 0.4 per cent. This dip was linked to a 0.5 per cent decrease in manufacturing activities for the local market. Exports surge While local price pressure remained moderate, prices for exported goods saw a sharp increase. The Export Producer Price Index increased by 17.3 per cent on an annual basis. The report highlights that this surge in export prices was driven by the strong performance of the mining sector, where export prices rose by 20.4 per cent, and the manufacturing sector, which saw export prices increase by 8.7 per cent. Specifically, within the manufacturing category, the production of key export commodities such as coffee and tea saw price increases of 9.9 per cent on the general index.