Rwanda prices fall further in January

Consumer prices in Rwanda fell for the seventh straight month in January, largely on the cost of vegetables and fish, the National Institute of Statistics of Rwanda (NISR) said on Wednesday.

The annual rate fell 3.79 percent in January from a decline of 6.52 percent a month earlier.

NISR said January prices fell 1.7 percent month-on-month.

The prices of vegetables and fish fell by 6.51 and 8.22 percent respectively, from the previous month. The food and non-alcoholic beverages index carries a 54.22 percent weighting in the basket of goods used to measure inflation.

The cost of education went up by 7.62 percent compared with December.

Consumer prices in other east African countries have been ticking up in the last few months as drought affects food supply and energy costs increase.