10.06.202612:00:00UTC+00Rwanda’s Inflation Eases Slightly in May as CPI Slips to 12.9% Year-on-Year

Rwanda’s consumer price inflation edged down in May 2026, with the year-on-year Consumer Price Index (CPI) reading easing to 12.90%, compared with 13.00% in April 2026. The data, updated on 10 June 2026, signals a modest deceleration in price growth but keeps inflation at a still-elevated level.

The figures are calculated on a year-over-year basis, meaning May’s 12.90% print reflects the change in prices compared with May a year earlier, while April’s 13.00% reading was measured against April of the previous year. The slight decline suggests some easing of inflationary pressures, though the CPI remains well above levels typically associated with price stability.

For policymakers and investors, the continued double-digit inflation underscores ongoing cost-of-living pressures in Rwanda’s economy, even as the latest data hints at a tentative shift toward lower price growth. Further readings will be watched closely to gauge whether May’s moderation marks the start of a more sustained disinflation trend.