Inflation

Economy

Inflation falls to lowest level in 16 months

Annual headline inflation fell to its lowest level in 16 months, coming in at 4.8% for August, data from the Uganda Bureau of Statistics showed on Wednesday
Economy

Interest rate cut likely after July drop in inflation

Inflation fell to 5.1% year-on-year in July from 5.9% in June according to data from the Uganda Bureau of Statistics, setting the stage for a third consecutive rate cut when Bank of Uganda's Monetary Policy Committee meets in mid-August.
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