Rwanda’s producer prices rose 0.6% year-on-year in January 2025, following a 0.2% increase in December. Manufacturing prices boosted this growth, while mining also contributed. Month-on-month, prices climbed by 0.8%, reversing a 0.5% decline in December.
In January 2025, producer prices in Rwanda experienced a year-on-year increase of 0.6%, building upon a 0.2% rise recorded in the prior month. This marks the second consecutive month of growth, primarily driven by a notable rise in manufacturing prices, which increased by 0.6%, compared to 0.1% in December. Additionally, prices in mining and quarrying rose by 1.1%, slightly down from the 1.2% increase observed the previous month.
Moreover, sectors such as electricity, gas, steam and air conditioning supply, water supply, sewerage, waste management, remediation, and information and communication have reported no change in their pricing structures. On a month-to-month basis, producer prices surged by 0.8% in January, following a 0.5% decline noted in December, indicating a recovery in the market.
In summary, Rwanda’s producer prices have shown a positive trend, reflecting an increase for the second straight month. The growth in manufacturing and mining sectors has contributed significantly to this rise. Furthermore, the recovery of prices on a monthly basis suggests resilience in the economic landscape.
Original Source: www.tradingview.com
