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Food prices still rising

Rwanda: Inflation eased in September

The National Institute of Statistics of Rwanda (NISR) monthly consumer price index, indicates that Rwanda's inflation rate eased to 5.8 per cent in September, down from 6.8 per cent registered in August. The drop is, however, higher than 3.7 per cent registered during the same period 2015, according to the report released on October 10.

The statistics body attributed the increase to the rising prices for food and non-alcoholic beverages that rose by 1.9 per cent.

The report indicated that the upward pressures on food prices started in November 2015, mainly due to the jump in prices for vegetables; and cropped up again this year, vegetables prices rose from 11.3 per cent in May to 20.2 per cent in June, eventually expanding to 30.8 per cent in July, driving food inflation to 9.4 per cent in June up from 6.1 per cent in May, and finally to 13.8 per cent in July.

Source: allafrica.com
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