Mining drives 19.3% rise in producer prices in April

General producer prices rose by 19.3 per cent in April compared to the same month last year, driven mainly by higher prices in the mining and manufacturing sectors, according to the latest Producer Price Index (PPI) report. The index measures the average change over time in the prices domestic producers receive for their goods and services. ALSO READ: Producer prices up 4.8% in January as export index rises by 15.3% The latest PPI report, released by the National Institute of Statistics Rwanda (NISR) on May 31, shows that producers in key sectors of the economy continued to earn higher prices for their output, reflecting sustained price pressures across production activities. The annual increase in the general producer price index was mainly driven by a 42.1 per cent rise in mining prices, an 18.1 per cent increase in manufacturing prices, and a 34.8 per cent increase in electricity prices. In manufacturing, food and beverage producers recorded some of the strongest increases. Prices of food products rose by 19.4 per cent compared to April 2025, while beverage prices increased by 29.2 per cent. Other manufacturing activities also recorded growth. Prices of paper products increased by 14.3 per cent, while producers of rubber and plastic products registered a 6 per cent rise. ALSO READ: Producer prices rise 13.9% in February Non-metallic mineral products, which include construction materials, recorded an annual increase of 6.6 per cent. On the other hand, the export producer price index increased by 30.7 per cent year on year, while the local producer price index registered a significant increase of 15.5 per cent over the same period. ALSO READ: Mining, energy costs push producer prices 4.6% up However, producer prices remained flat on a monthly basis. The general producer price index increased by 0.2 per cent in April compared to March, while the local index rose by 0.4 per cent. Export producer prices declined by 1.7 per cent during the month. NISR attributed the monthly increase in the general index mainly to a 5.5 per cent rise in mining prices, while manufacturing prices edged down by 0.1 per cent. The decline in export prices was linked to a 9.2 per cent drop in manufacturing export prices, which offset gains recorded in mining exports.

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Mining drives 19.3% rise in producer prices in April