Abigail Muhire, who works in Kigali but has a family in Musanze District, has to spend more of his income to be able to travel by transport means.
He is one of the passengers who are feeling the impact of public transport fees that took effect on March 16, which has meant anFor instance, a passenger has to pay Rwf891 or 46 per cent more on public bus transport to travel from Nyabugogo taxi park to Musanze taxi park , because the journey used to cost Rwf1,930 but the fare rose to Rwf2,821 as a result of the fee change.
This is according to a Consumer Price Index publication of April 2024, which was released on May 10, by the National Institute of Statists of Rwanda . "Moderate inflation is actually beneficial for the economic growth, as it stimulates the production and increases the demand for investment," he said.There was a problem processing your submission. Please try again later.of 2 per cent and 8 per cent, with a focus on having it close to 5 per cent in the medium term.The underlying inflation rate rose by 6.6 per cent when compared to April 2023 and it increased by 1.8 per cent compared to March 2024.
On monthly basis, the local goods index went up by 1 per cent, the imported goods index rose by 2.8 per cent, the fresh products index increased by 0.8 per cent, the energy index decreased by 0.2 per cent and the core index increased by 1.8 per cent.
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