Rwanda’s producer prices rose 0.6% year-on-year in January 2025, marking the second consecutive month of increase, with manufacturing prices climbing to 0.6% and mining prices to 1.1%. Monthly prices also increased by 0.8%. Other sectors remained unchanged.
In January 2025, Rwanda experienced a 0.6% year-on-year increase in producer prices, following a more modest rise of 0.2% in December. This marks the second consecutive month of growth in producer prices, primarily driven by significant increases in manufacturing prices, which rose by 0.6% compared to 0.1% the previous month, and mining and quarrying, which saw a rise of 1.1%, though slightly down from 1.2%.
Conversely, sectors such as electricity, gas, steam and air conditioning supply, water supply, sewerage and waste management, along with information and communication activities, demonstrated no change in pricing during this period. Monthly analysis reveals that producer prices surged 0.8% in January, a notable recovery from a 0.5% decline observed in December.
These data points indicate a strengthening economic landscape for Rwanda, particularly in the manufacturing and mining sectors, reflecting positive trends that could influence future economic policies and market conditions. The continued rise in prices suggests growing demand and potential investment opportunities in the country’s key economic areas.
In summary, Rwanda’s producer prices have risen for the second consecutive month, with notable increases in both manufacturing and mining sectors. The stability in other sectors and the rebound in monthly prices suggest a positive economic outlook. These developments could provide new avenues for investment and growth in Rwanda’s economy moving forward.
Original Source: www.tradingview.com
