3.6. Limitations to the
study
Some problems were encountered mostly because of the way the
inflation has been compiled through the years. Indeed, prices of goods and
services that entered the CPI were collected in the Kigali area only.
Therefore, we do not really have data on inflation in Rwanda. What is available
is only a rough approximation of reality.
It is only with the recent creation of the national institute
of statistics of Rwanda that the methodology changed. Indeed, nowadays, the CPI
covers data collected all over the country. Another limitation was the
reliability of the data.
Because of different methodologies for compiling the monetary
stock, inflation, GDP and exchange; the BNR, the Ministry of Economics and
Finance (MINECOFIN) and Rwanda National Institute of Statistics (RNIS) have
different values.
|