Rwanda's annual inflation rate rose to 2.3 percent in August 2019 from 1.6 percent in the previous month. It was the highest inflation rate since October 2017, mainly due to higher prices of food & non-alcoholic beverages (3.7 percent vs 0.6 percent in July), namely bread & cereals (11 percent) and meat (15.7 percent). On a monthly basis, consumer prices were up 1.8 percent, after dropping 0.1 percent in the previous month. Inflation Rate in Rwanda averaged 5.80 percent from 1997 until 2019, reaching an all time high of 28.10 percent in February of 1998 and a record low of -15.80 percent in February of 1999.

Inflation Rate in Rwanda is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Rwanda to stand at 2.20 in 12 months time. In the long-term, the Rwanda Inflation Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.

Rwanda Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-10 08:00 AM Inflation Rate YoY May -0.4% -0.3% -1.0%
2019-07-10 08:00 AM Inflation Rate YoY Jun 0.9% -0.4% 1.3%
2019-08-12 07:45 AM Inflation Rate YoY Jul 1.6% 0.9% 0.6%
2019-09-10 08:20 AM Inflation Rate YoY Aug 2.8% 1.6% -0.4%
2019-10-10 09:00 AM Inflation Rate YoY Sep 2.8% 3.4%
2019-11-12 03:00 AM Inflation Rate YoY Oct 3.0%
2019-12-10 09:00 AM Inflation Rate YoY Nov 2.7%


Rwanda Prices Last Previous Highest Lowest Unit
Inflation Rate 2.80 1.60 28.10 -15.80 percent [+]
Core Inflation Rate 1.60 1.50 19.10 1.30 percent [+]
Food Inflation 0.60 -1.10 24.50 -14.20 percent [+]
Inflation Rate Mom -0.10 -0.10 4.04 -3.94 percent [+]
Producer Prices 141.20 137.30 141.20 100.00 Index Points [+]
Producer Prices Change 17.25 11.85 17.25 -4.44 percent [+]
Consumer Price Index Cpi 125.17 122.98 125.17 79.84 Index Points [+]
Cpi Housing Utilities 121.32 121.30 121.42 87.71 Index Points [+]
CPI Transportation 118.46 118.49 118.54 81.30 Index Points [+]
GDP Deflator 113.00 112.00 115.00 55.00 Index Points [+]


Rwanda Inflation Rate

In Rwanda, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Rwanda Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.80 1.60 28.10 -15.80 1997 - 2019 percent Monthly
2014M2=100, NSA




Country Last Previous
Argentina 53.60 Aug/19
Australia 1.60 Jun/19
Brazil 3.43 Aug/19
Canada 2.00 Jul/19
China 2.80 Aug/19
Euro Area 1.00 Aug/19
France 1.00 Aug/19
Germany 1.40 Aug/19
India 3.21 Aug/19
Indonesia 3.49 Aug/19
Italy 0.40 Aug/19
Japan 0.50 Jul/19
Mexico 3.16 Aug/19
Netherlands 2.80 Aug/19
Russia 4.30 Aug/19
Saudi Arabia -1.30 Jul/19
Singapore 0.40 Jul/19
South Africa 4.00 Jul/19
South Korea 0.00 Aug/19
Spain 0.30 Aug/19
Switzerland 0.30 Aug/19
Turkey 15.01 Aug/19
United Kingdom 2.10 Jul/19
United States 1.70 Aug/19


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