Book

Description

This book, "Impact of Price Fluctuations of Food Commodities on the Cost of Living", delves into the dynamic relationship between food price volatility and living standards in Rwanda. Drawing from a decade of data (2013–2023), it examines the effects of key staples—local rice, imported rice, dry maize, and dry beans—on urban and rural households. Using robust regression analysis, the study reveals striking insights, such as the contrasting impacts of local rice prices in urban and rural areas. The research underscores the importance of targeted policies to mitigate the adverse effects of food price volatility, such as subsidies for farmers, reduced taxes on food imports, and investments in sustainable agriculture. This book is an essential read for policymakers, economists, and researchers seeking actionable insights into the cost-of-living crisis and food security challenges in sub-Saharan Africa.