Producer prices in Rwanda rose 21.5% in September 2026 compared with the same month of 2025. The report from the National Institute of Statistics, published on 31 October, also shows a 2.9% increase between August and September.
This overall rise masks different trends depending on the market. Products intended for the domestic market show an annual increase of 22.2%, compared with 17.3% for those sold abroad. Companies supplying these two markets therefore do not see the same movement in their selling prices.
Food contributes to the domestic increase
The comparison with August sheds light on this divergence. The annual rise in local product prices was then 18.9%, while that of exported products reached 25.1%. In September, the first rate accelerated and the second slowed, although both indices remain above their level a year earlier.
Food plays a significant role in the domestic increase. For food products destined for the Rwandan market, producer prices rise 33.8% year on year. Their contribution reaches 11 percentage points of the rise in the local index. This contribution reflects both price changes and the weight of the sector.
On the export side, extractive and manufacturing activities move in opposite directions. Prices in the former rise 56.9% year on year, while those in the latter fall 14.1%. The rise in the export products index therefore does not describe a common increase across all sectors.
Prices measured at the producer stage
The report uses a base year of 2024 equal to 100. The sample, weightings and methodology were updated from November 2025. The weightings are based on the gross output value of establishments included in the national accounts for 2024.
The surveys cover selling prices received by producers at the factory gate. The index therefore reflects their selling conditions and differs from consumer price inflation, which concerns household purchases.