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Rwanda Inflation Rate Rose to 5% in April, Central Bank Governor Says

Inflation in Rwanda accelerated to 5 percent in April from 4.1 percent a month earlier, central bank Governor Claver Gatete said in an interview in Kigali, the capital, today.

Food prices rose 6 percent in the month, compared with 8 percent in March, he said.

“We are not doing badly when compared with the region,” Gatete said, citing a rate of 12 percent in Kenya and 14 percent in Uganda.

To contact the reporter on this story: Heather Murdock in Kigali at hmurdock1@bloomberg.net

To contact the editor responsible for this story: Emily Bowers at ebowers1@bloomberg.net

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