Consumer Price Index for Rwanda
DDOE01RWA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.44
Year-over-Year Change
121.43%
Date Range
1/1/1965 - 1/1/2017
Summary
The Consumer Price Index (CPI) for Rwanda measures the changes in the general price level of consumer goods and services purchased by households. It serves as a key indicator of inflation in the Rwandan economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CPI for Rwanda is a widely used economic indicator that tracks the average change in prices paid by consumers for a basket of consumer goods and services. It is an essential tool for policymakers, economists, and the public to assess the cost of living and the purchasing power of the Rwandan currency.
Methodology
The Rwandan National Institute of Statistics collects price data from a sample of retail outlets and service providers to calculate the CPI.
Historical Context
The CPI for Rwanda is closely monitored by the National Bank of Rwanda and other institutions to inform monetary policy decisions and economic analysis.
Key Facts
- The base year for the Rwandan CPI is 2014.
- The CPI is published on a monthly basis.
- Rwanda has experienced moderate inflation in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Rwanda measures the changes in the general price level of consumer goods and services purchased by households in the country.
Q: Why is this trend relevant for users or analysts?
A: The Rwandan CPI is a crucial indicator for assessing the cost of living, analyzing inflation, and informing monetary policy decisions in the country.
Q: How is this data collected or calculated?
A: The Rwandan National Institute of Statistics collects price data from a sample of retail outlets and service providers to calculate the CPI.
Q: How is this trend used in economic policy?
A: The CPI for Rwanda is closely monitored by the National Bank of Rwanda and other institutions to inform monetary policy decisions and economic analysis.
Q: Are there update delays or limitations?
A: The CPI for Rwanda is published on a monthly basis, with no significant update delays.
Related Trends
Geographical Outreach: Number of Commercial Banks for Rwanda
RWAFCIODCNUM
Number of Identified Exporters to Rwanda from New York
NYRWAA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Rwanda
RWAFCBMNUM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Rwanda
RWAFCBODUNUM
Value of Exports to Rwanda from Virginia
VARWAA052SCEN
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Rwanda
RWAFCBODCKNUM
Citation
U.S. Federal Reserve, Consumer Price Index for Rwanda (DDOE01RWA086NWDB), retrieved from FRED.