Inflation

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

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

Consumer inflation unchanged in November

The increase in Uganda consumer prices remained unchanged from the previous month in November amid stabilising food prices, data published by the Uganda Bureau of Statistics show
Woman selling food in a market
Economy

Inflation slows down for second straight month in October on lower food and energy prices

Uganda's annual inflation rate, measured by the consumer price index, continued falling in October reflecting a slowdown in the prices of food and energy items, according to figures from the Uganda Bureau of Statistics
Woman selling food in a market
Economy

Consumer prices slow slightly in September but core inflation hits 12-month high

Uganda's annual consumer price inflation fell slightly in September, the first decline in four months, largely because of a slowdown in the annual food crops and related items inflation rate.
Busy market in Kampala, Uganda
Economy

Communication taxes and old car ban push up August inflation

The Uganda Bureau of Statistics said Friday that the consumer prices index 12-month rate rose for the third straight month in August, mainly because of rising prices for services, particularly communication and transport.
Taxi park in Kampala
EconomyPolitics & Policy

Bank of Uganda holds primary rate constant

The Bank said the decision is consistent with its neutral monetary policy stance and is in line with keeping core inflation close to the medium-term target of 5% while supporting economic growth
Bank of Uganda officials during the Monetary Policy Press Briefing
Economy

Consumer inflation rises for second month in row

Uganda's annual headline inflation rate increased for the second consecutive month in July, mainly as a result of new taxes on social media and mobile money and higher car prices
Taxi park in Kampala
Economy

Inflation inches up in June

The annual inflation rate inched up in June due to an increase in energy, fuel, and utilities prices and the prices of food crops and related items, the Uganda Bureau of Statistics said on Friday
Economy

Inflation to rise on higher import prices and increased taxes, BoU says

Bank of Uganda has kept it's policy rate unchanged, pointing to a continued improvement in economic activity and a projected increase in inflation in the next 12 months
Export containers at a port.
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