Inflation

Economy

Inflation drops further in April, due to lower fruit and sugar prices

Headline inflation rate dropped further in April to 1.8% from the 2.0% recorded for the year ended March 2018. Drop was largely attributed to the deceleration in annual food crop inflation.
Economy

BoU keeps policy rate steady on low inflation and robust growth

The central bank maintained its policy rate at the same level as February 2018, saying its line with its goals of supporting economic growth and keeping inflation within target levels
Bank of Uganda's head office in Kampala.
Economy

Consumer prices drop further in February

Inflation in Uganda slowed further in February to a 38-month low, driven by a decline in core inflation, the Uganda Bureau of Statistics said on Wednesday
Economy

How the Bank of Uganda conducts monetary policy

The overall objective of Bank of Uganda’s monetary policy is to achieve low and stable inflation, defined by a medium-term target of 5% of core inflation. The secondary objective is to support economic growth
The Bank of Uganda's headquarters in Kampala
Economy

Bank of Uganda cuts key rate on private sector credit growth concerns

Bank of Uganda found more room to cut its benchmark rate on concerns about sluggish private sector credit growth and the cost of loans
Bank of Uganda's head office in Kampala.
Economy

Inflation drops further in January

Annual headline inflation dropped further in the first month of 2018, coming in at 3.0%, the Uganda Bureau of Statistics said on Wednesday
Statistics House, which houses the Uganda Bureau of Statistics in Kampala
Economy

Uganda inflation at lowest since February 2015

Uganda's key inflation rate continued dropping, falling to its lowest in 34 months in December, driven down by decreases in food prices
Statistics House, which houses the Uganda Bureau of Statistics in Kampala
Economy

Central Bank maintains policy rate while admitting easing cycle has had little effect on loan prices

Bank of Uganda has maintained its lowest ever policy rate, citing a projected rise in core inflation, uneven economic growth, and stickily high prices of credit
Officials seated around a conference table during a press briefing
Economy

Uganda inflation falls to 32-month low

A slowdown in the rise of food prices was responsible for the drop in the increase of Uganda consumer prices in November to their lowest level since March 2015, according to figures from the statistics bureau
Woman selling food in a market
Economy

Uganda consumer prices rose 4.8% in October

Uganda consumer prices rose in October by the least in eleven months, as a slowdown in education fees brought down services inflation
A teacher and pupils in a classroom
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