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Rwandan urban inflation falls in July

KIGALI (Reuters) – Rwanda’s year-on-year urban inflation rate slowed to 5.57 percent in July from 5.92 percent a month earlier, helped by a fall in some food prices as well as alcoholic drinks and tobacco, the statistics office said on Tuesday.

The National Institute of Statics of Rwanda said consumer prices in the east African country’s urban centres rose just 0.07 percent month-on-month.

Food prices overall rose 0.28 percent against the previous month, though the cost of bread, cereals, meat and fish all fell.

The price of alcoholic beverages and tobacco fell 3.63 percent in July from June. Housing, water, electricity, gas and other fuel costs rose 0.20 percent during the month.

The All Rwanda index rose to 9.93 percent in July from 9.34 percent in June.

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