Inflation

Economy

Uganda’s central bank cuts benchmark rate to 9.5%

Bank of Uganda said on Tuesday that economic activity is picking up and stressed the importance of private sector credit growth as it announced a cut in its policy rate to its lowest level ever
Economy

Inflation inches up on higher Kampala parking fees

The recent increase in Kampala parking rates lifted Uganda's inflation in September, according to data released by the Uganda Bureau of Statistics on Friday
Economy

Food prices help slow consumer inflation in August

Uganda’s annual inflation fell to its lowest level in nine months in August as a slowdown in the increase of food prices brought down the headline rate
Busy market in Kampala, Uganda
Economy

Bank of Uganda puts brakes on monetary easing as economy improves

Before Friday's decision, the Bank of Uganda had reduced its policy lending rate in each of its past eight meetings going back to April 2016
Bank of Uganda's head office in Kampala.
Economy

Uganda inflation falls for second straight month

The Uganda Bureau of Statistics attributes the drop in July's Annual Headline Inflation to a decline in the prices of food crops
Economy

BoU cuts policy lending rate further to support economic recovery

The central bank's decision to cut its policy lending rate was influenced by the slowdown in economic growth
Officials seated around a conference table during a press briefing
Economy

Inflation hits highest in 15 months, driven by food prices

Consumer price inflation for the year ended May 2017 rose to 7.2%, its highest level in 15 months, as the effects of a prolonged drought in parts of the country pushed up food prices.
Busy market in Kampala, Uganda
Economy

Inflation rises to highest since February 2016

Inflation rose 6.8% year on year in April from 6.4% in March, according to figures from the Uganda Bureau of Statistics.
Busy market in Kampala, Uganda
Economy

Inflation falls to 6.4% in March

Annual headline inflation for the year ending March 2017 declined to 6.4% compared to the 6.7% recorded in the year ending February 2017.
Economy

Inflation hits one-year high in February

Annual headline inflation rose to 6.7% for the year ended February 2017, up from 5.9% in January. This was on the back of higher food prices, with annual food crops inflation rising to 18.8% from 14.5% in January.
Busy market in Kampala, Uganda
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