Rwanda Producer Prices Increase for the Second Month in January 2025

In January 2025, Rwanda’s producer prices rose 0.6% year-on-year after a 0.2% increase in December. The growth was propelled by manufacturing and mining sectors, with monthly prices increasing by 0.8%, reversing a decline from December.

In January 2025, Rwanda’s producer prices experienced a year-on-year increase of 0.6%, following a 0.2% increase registered in the prior month. This uptick signifies the second consecutive month of growth in producer prices, primarily supported by enhancements in manufacturing prices, which rose by 0.6% compared to a marginal increase of 0.1% in December. Additionally, the mining and quarrying sector indicated a slight decline, with prices rising 1.1%, a decrease from 1.2% in the previous month.

Despite these increases, several sectors, including electricity, gas, steam, and air conditioning supply; water supply; sewerage and waste management; and information and communication activities reported stable prices with no changes observed. On a monthly basis, January’s producer prices experienced a rebound, rising by 0.8% after a 0.5% decrease was noted in December 2024. This recovery indicates positive momentum in the producer price index at the start of 2025.

In summary, Rwanda’s producer prices increased for the second consecutive month in January 2025, reflecting an encouraging trend in the manufacturing and mining sectors. However, certain industries demonstrated price stability, highlighting a mixed but overall positive economic outlook. The rise in monthly producer prices suggests continued recovery from previous declines, which may further influence economic conditions positively.

Original Source: www.tradingview.com