Rwanda's Consumer Price Index (CPI) took a downward turn in April 2024, dropping by -0.50% compared to the previous month. This decline comes after the CPI had shown an increase of 0.60% in March 2024. The data, which was updated on 10 May 2024, reveals a significant shift in the country's inflation rate.
The comparison period for this data is year-over-year, showing how the CPI change for April 2024 differs from the same month a year ago. This change in the CPI indicates a shift in the prices of goods and services in Rwanda over the past year. It will be interesting to see how this trend develops in the coming months and its impact on the country's economy. Stay tuned for further updates on Rwanda's economic indicators.
