Inflation Rate in Rwanda
In April, inflation cooled to a seven-month low of 28.4% (March: 31.0%), but still markedly above the 2.0–8.0% target band. The moderation was driven by softer price increases for food and transport. Despite high inflation, the National Bank of Rwanda maintained the key interest rate at 7.00% at its 11 May meeting. Inflation will average markedly higher than in 2022.
Rwanda Inflation Rate Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Rwanda from 2013 to 2022.
Rwanda Inflation Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 8.3 | -0.3 | 3.3 | 9.9 | -0.4 |