Inflation drops further

Rwanda’s year on year inflation rate eased further to -6.52 percent last month from -5 .38 percent in November,  on account of  a decrease in food and non-alcoholic prices, which constitute the majority of the Consumer Price Index (CPI). According to statistics released by the National Institute of Statistics of Rwanda (NISR), the food and non-alcoholic beverages index dropped by 12.21 percent in December as prices of bread and cereals eased by 14.03 percent and vegetable prices fell by 17.15 per cent.