{"id":48247,"date":"2023-06-10T10:45:26","date_gmt":"2023-06-10T10:45:26","guid":{"rendered":"https:\/\/new.igihe.com\/rwanda-s-inflation-increases-by-14-1-percent-in-may-2023\/"},"modified":"2023-06-14T15:26:18","modified_gmt":"2023-06-14T15:26:18","slug":"rwanda-s-inflation-increases-by-14-1-percent-in-may-2023","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/rwanda-s-inflation-increases-by-14-1-percent-in-may-2023\/","title":{"rendered":"Rwanda&#8217;s inflation increases by 14.1 percent in May 2023"},"content":{"rendered":"<p>Specifically, the category of Food and non-alcoholic beverages witnessed a 25.4 percent increase compared to the previous year, but experienced a 3.8 percent decrease on a monthly basis. Similarly, &#8216;Alcoholic beverages, tobacco, and narcotics&#8217; saw a 21.5 percent annual increase and a 0.7 percent increase on a monthly basis. The Transport sector observed a 7.6 percent increase in prices on an annual basis, along with a 0.2 percent increase on a monthly basis.<\/p>\n<p>Figures further show that the prices of &#8220;local products&#8221; increased by 15.9 percent on an annual basis, but experienced a 1.5 percent decrease compared to the previous month. Conversely, prices of &#8220;imported products&#8221; rose by 8.7 percent on an annual basis but decreased by 0.5 percent on a monthly basis.<\/p>\n<p>Notably, the prices of &#8220;fresh products&#8221; displayed a significant annual change of 38.3 percent, yet underwent a monthly decrease of 4 percent. Meanwhile, the prices of &#8220;energy&#8221; increased by 5.9 percent annually and rose by 0.2 percent on a monthly basis.<\/p>\n<p>When excluding fresh products and energy from the general index, the overall inflation rate remained at 8.7 percent on an annual basis, but experienced a 0.5 percent monthly decrease.<\/p>\n<figure class=\"spip-document spip-document-57051\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/49686089543_d72f26bea8_b-2-eb553.jpg\" alt=\"Rwanda\u2019s inflation increased by 14.1 percent in May 2023.\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{The National Institute of Statistics of Rwanda (NISR) has revealed that Rwanda&#8217;s Consumer Price Index (CPI), which serves as the primary indicator of inflation, recorded a year-on-year increase of 14.1 percent in May 2023, a decrease from the 17.8 percent registered in April 2023.}<\/p>\n","protected":false},"author":62,"featured_media":2000057050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[72,75],"byline":[170],"hashtag":[],"class_list":["post-48247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-featured-news-home","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 avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000057050,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/49686089543_d72f26bea8_b-2-eb553.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/49686089543_d72f26bea8_b-2-eb553.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/49686089543_d72f26bea8_b-2-eb553.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/49686089543_d72f26bea8_b-2-eb553.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/49686089543_d72f26bea8_b-2-eb553.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/49686089543_d72f26bea8_b-2-eb553.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/48247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=48247"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/48247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000057050"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=48247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=48247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=48247"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=48247"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=48247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}