{"id":14979,"date":"2014-06-13T03:22:56","date_gmt":"2014-06-13T03:22:56","guid":{"rendered":"https:\/\/new.igihe.com\/inflation-in-may-dropped-to-1-9\/"},"modified":"2014-06-17T05:16:04","modified_gmt":"2014-06-17T05:16:04","slug":"inflation-in-may-dropped-to-1-9","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/inflation-in-may-dropped-to-1-9\/","title":{"rendered":"Inflation in May Dropped to 1.9%"},"content":{"rendered":"<figure class=\"spip-document spip-document-6104 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/food-2.jpg\" alt=\"\" \/><\/figure>\n<p>{A busy food market in Rwanda}<\/p>\n<p>{{The annual change in Consumer Price Index (CPI) by end May stood at 1.9 per cent lower than 2.72 per cent registered in April. }} <\/p>\n<p>The reduction is attributed to the decrease of food and non-alcoholic beverages prices which decreased to 3.0 per cent from 3.8 per cent in April. <\/p>\n<p>In addition to the decrease in food prices, the lower level of inflation by end May 2014 can be explained by the decrease recorded by transport and communication. <\/p>\n<p>The inflation monthly change was -0.7 per cent attributed to the declining prices observed in vegetables and fish respectively to 2.3 and 2.1 per cent. <\/p>\n<p>The contribution of food and non-alcoholic to the overall inflation went down from 1.4 per cent in the previous month to 1.1 per cent in May, 2014. <\/p>\n<p>This pushed local goods contribution to 1.8 per cent from 2.5 per cent in April while imported goods contributed to 0.18 from 0.2 per cent in April 2014. <\/p>\n<p>The annual average of CPI stood at 3.6 per cent during the month of May 2014 down from 3.7 per cent registered in the previous month.  <\/p>\n<p>The core inflation (excluding fresh products and energy) was stable compared to the previous month. <\/p>\n<p>On annual change it stood at 2.3 per cent in May, 2014 higher than the CPI mainly due to the decrease recorded by energy (-4.2%). <\/p>\n<p>In annual average, the core inflation slightly decreased to 3.1 per cent from 3.2 in April, 2014. <\/p>\n<p>NISR<\/p>\n","protected":false},"excerpt":{"rendered":"<p>{A busy food market in Rwanda} {{The annual change in Consumer Price Index (CPI) by end May stood at 1.9 per cent lower than 2.72 per cent registered in April. }} The reduction is attributed to the decrease of food and non-alcoholic beverages prices which decreased to 3.0 per cent from 3.8 per cent in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2000052699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-14979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default 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