Cost of food in Uganda increased 2.60 percent in May of 2020 over the same month in the previous year.
Food Inflation in Uganda averaged 5.62 percent from 1998 until 2020, reaching an all time high of 40.65 percent in July of 2011 and a record low of -11.22 percent in July of 2005. This page provides the latest reported value for - Uganda Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Food Inflation - values, historical data and charts - was last updated on June of 2020.
Food Inflation in Uganda is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Uganda to stand at 2.70 in 12 months time. In the long-term, the Uganda Food Inflation is projected to trend around 2.50 percent in 2021 and 2.30 percent in 2022, according to our econometric models.