Economy

Economy

Uganda inflation rises to seven-month high in April

Uganda's inflation rose to a seven-month high in April, dragged higher by an increase in core consumer prices
Taxi park in Kampala
Economy

Uganda economic growth strengthens in last three months of 2018

Uganda's economic growth continued to strengthen in the fourth quarter of 2018, expanding at the fastest rate in five quarters
Economy

Consumer prices unchanged in March but core inflation heats up

Inflation in Uganda was unchanged in March, but this will offer little relief to policymakers as core inflation, which measures underlying trends, rose for the third straight month
Statistics House, which houses the Uganda Bureau of Statistics in Kampala
Economy

Inflation inches up in February on telephone services and passport fees

Uganda's annual consumer price inflation edged higher for the second straight month in February, primarily due to an increase in the prices of telephone and telefax services and passport fees over the past twelve months, the bureau of statistics said on Thursday
A mobile phone mast
Economy

Bank of Uganda leaves rates unchanged, hails strong economy

The Bank of Uganda's monetary policy committee has voted to keep the Bank's benchmark lending rate unchanged in its first meeting of 2019, noting that the risks to its medium-term inflationary outlook are roughly balanced
Export containers at a port.
Economy

Rising demand drives private sector growth in January

Business conditions in Uganda's private sector continued to strengthen in January on the back of improving customer demand, according to an indicator of the sector's economic health
A retail shopping centre in downtown Kampala, Uganda
EconomyPolitics & Policy

New Year Address: How accurate are President Museveni’s development claims?

The NRM has made big strides since 1986, President Museveni said in his New Year’s Day message to the country, including growing the economy and significant gains in education. But how accurate are the president's claims?
The Sukulu phosphate fertiliser plant in Tororo, eastern Uganda
Economy

Consumer price inflation rebounds in January

Uganda's inflation rate rose for the first time in five months in January amid a rebound in core inflation and an increase in energy, fuels, and utilities prices
Clothes stalls in downtown Kampala
Economy

Trade deficit grows in November as exports fall

Uganda's merchandise exports fell in November on a year on year basis as imports increased, leading to the fastest rise in the trade deficit in three months
Export containers at a port.
Economy

Bank lending to the private sector continues to strengthen

Commercial bank lending to the private sector, a leading indicator of the financial sector's contribution to economic activity, continues to improve with Bank of Uganda data showing a pickup in November
Signboards of banks at Oasis Mall in Kampala.
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