Inflation

Economy

Central bank keeps rate unchanged, flags volatile economic and financial conditions

The Bank of Uganda kept its key policy rate unchanged to provide more economic stimulus amidst volatile demand, sluggish private sector borrowing, and the effects of coronavirus restrictions to key sectors
Containers at Mombasa Port in Kenya
Economy

Consumer prices drop in April on lower food, energy costs

Uganda's inflation slowed in April, ending a three-month spell of rising prices, as costs of food, gas, and other fuels fell
Total fuel station in Kampala
Economy

Core consumer inflation slows to nine month low

Stronger vegetable prices helped push Uganda's consumer price inflation in March to its highest level in five months, while core consumer prices moderated as transport inflation slowed
Taxi park in Kampala
Economy

Core and overall consumer prices gain modestly in February

Inflation in Uganda rose for the third time in as many months, pushed up by a slower decline in food prices, according to data from the Bureau of Statistics
Woman selling food in a market
Economy

Rise in consumer prices moderates in May

The pace of the rise in Uganda's consumer prices moderated in May, reflecting a year on year decline in the prices of food crops and related items
Market vendors in Uganda wearing masks to protect against Covid-19 coronavirus
Economy

Consumer inflation rises moderately in April as prices of food staples increase

Uganda consumer prices rose moderately in April due to an increase in the prices of food staples, as measures implemented to check the spread of the coronavirus disrupted supply chains and drove up demand
Maize plants
Economy

Core inflation slips to 6-month low in March

Consumer prices rose at a more modest pace in March compared to February as core inflation slowed to its weakest pace in six months, according to figures from the Uganda Bureau of Statistics
Clothes stalls in downtown Kampala
Economy

Consumer prices unchanged in February

Uganda consumer price inflation held steady in February as core consumer prices stayed flat, suggesting inflationary pressures remain muted and in line with the Bank of Uganda's most recent assessment
Economy

Consumer price inflation moderates in January

Uganda consumer price inflation moderated in January after striking its highest level in fifteen months in the previous month, lowering the probability that the Bank of Uganda will depart from its accommodative monetary policy when it sets interest rates later this month
Taxi park in Kampala
Economy

Inflation ticks up to highest level since September 2018

Uganda's inflation rose to a fifteen-month high in December 2019, driven by a rise in the annual food crops and related items inflation
Woman selling food in a market
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