Uganda's headline inflation decreased to 2.6 percent in July of 2019 from 3.4 percent in the previous month. It is the lowest inflation since December of 2018, mainly due to a steep decline in communications costs (-10 percent vs 14.5 percent in June) and slowdown in prices of transport (8.1 percent vs 11.2 percent). On a monthly basis, consumer prices decreased 0.4 percent, after a 0.1 percent drop in the previous month. Inflation Rate in Uganda averaged 6.28 percent from 1998 until 2019, reaching an all time high of 24.50 percent in November of 2011 and a record low of -5.36 percent in November of 2001.

Inflation Rate in Uganda is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Uganda to stand at 5.40 in 12 months time. In the long-term, the Uganda Inflation Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

Uganda Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-30 08:20 AM Inflation Rate YoY Apr 3.5% 3% 3.2%
2019-05-31 08:20 AM Inflation Rate YoY May 3.3% 3.5% 3.6%
2019-06-28 08:45 AM Inflation Rate YoY Jun 3.4% 3.3% 3.2%
2019-07-31 12:55 PM Inflation Rate YoY Jul 2.6% 3.4% 3.2%
2019-08-28 08:30 AM Inflation Rate YoY Aug 2.6% 3.0%
2019-09-27 08:20 AM Inflation Rate YoY Sep 3.3%
2019-10-31 08:30 AM Inflation Rate YoY Oct


Uganda Prices Last Previous Highest Lowest Unit
Inflation Rate 2.60 3.40 24.50 -5.36 percent [+]
Consumer Price Index CPI 176.60 177.30 177.50 101.90 Index Points [+]
Food Inflation 1.40 0.50 40.65 -11.22 percent [+]
Import Prices 131.68 131.28 208.65 64.95 Index points [+]
Producer Prices 177.45 177.49 186.80 176.96 Index Points [+]
Producer Prices Change -2.30 -3.00 8.70 -3.80 percent [+]
Inflation Rate Mom -0.40 -0.10 5.20 -2.10 percent [+]
Export Prices 161.39 167.50 225.35 60.13 Index points [+]
Cpi Housing Utilities 197.45 198.24 200.24 103.60 Index Points [+]
Cpi Transportation 165.58 166.33 166.73 101.80 Index Points [+]
Core Consumer Prices 173.40 173.40 173.40 70.19 Index Points [+]
Core Inflation Rate 3.50 4.90 22.70 0.80 percent [+]


Uganda Inflation Rate

In Uganda, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Uganda Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uganda Inflation Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 3.40 24.50 -5.36 1998 - 2019 percent Monthly
2009/2010=100




Country Last Previous
Argentina 54.40 Jul/19
Australia 1.60 Jun/19
Brazil 3.22 Jul/19
Canada 2.00 Jun/19
China 2.80 Jul/19
Euro Area 1.10 Jul/19
France 1.10 Jul/19
Germany 1.70 Jul/19
India 3.15 Jul/19
Indonesia 3.32 Jul/19
Italy 0.40 Jul/19
Japan 0.70 Jun/19
Mexico 3.78 Jul/19
Netherlands 2.50 Jul/19
Russia 4.60 Jul/19
Saudi Arabia -1.40 Jun/19
Singapore 0.60 Jun/19
South Africa 4.50 Jun/19
South Korea 0.60 Jul/19
Spain 0.50 Jul/19
Switzerland 0.30 Jul/19
Turkey 16.65 Jul/19
United Kingdom 2.10 Jul/19
United States 1.80 Jul/19


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