The inflation rate in Uganda was recorded at 3.40 percent in February of 2020. Uganda Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Inflation Rate in Uganda averaged 6.19 percent from 1998 until 2020, 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. This page provides - Uganda Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Uganda is expected to be 4.00 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 4.00 in 12 months time. In the long-term, the Uganda Inflation Rate is projected to trend around 5.00 percent in 2021, according to our econometric models.


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Uganda Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.40 24.50 -5.36 1998 - 2020 percent Monthly
2009/2010=100


Calendar GMT Actual Previous Consensus TEForecast
2019-11-29 08:30 AM Nov 3% 2.5% 2.7%
2019-12-31 08:30 AM Dec 3.6% 3% 3.2%
2020-01-31 08:15 AM Jan 3.4% 3.6% 2.7%
2020-02-28 08:30 AM Feb 3.4% 3.4% 3.7%
2020-03-30 08:30 AM Mar 4%
2020-04-30 08:20 AM Apr
2020-05-29 08:20 AM May
2020-06-29 08:45 AM Jun 3.7%


News Stream
Uganda Inflation Rate Softens to 3.4% in January
The annual inflation rate in Uganda moderated to 3.4 percent in January 2020, after hitting a 15-month high of 3.6 percent in the previous month. Prices slowed mostly for clothing & footwear (2.4 percent vs 4.3 percent in December); housing & utilities (6.4 percent vs 7 percent); recreation & culture (1.3 percent vs 1.7 percent); restaurants & hotels (1.3 percent vs 2.2 percent) and transport (3.4 percent vs 3.9 percent), amid reductions in transport prices following the end of the festive season. In contrast, prices surged for food & non-alcoholic beverages (3.1 percent vs 2.5 percent), due to heavy rains. On a monthly basis, consumer prices edged up 0.1 percent, after increasing 0.4 percent in the previous month.
2020-02-07
Uganda Inflation Rate at Over 1-Year High of 3.6%
The annual inflation rate in Uganda rose to 3.6 percent in December 2019 from 3 percent in the previous month, reaching its highest level since September 2018. Main upward pressure came from cost of food & non-alcoholic beverages (2.5 percent vs 0.9 percent in November); housing & utilities (7 percent vs 5.9 percent) and miscellaneous goods & services (7.9 percent vs 7.7 percent). On a monthly basis, consumer prices were up 0.4 percent, after rising 0.3 percent in the prior month.
2020-01-06
Uganda Inflation Rate at 5-Month High of 3%
Uganda's annual inflation rate rose to 3 percent in November 2019 from 2.5 percent in the previous month. It was the highest inflation rate since June, mainly driven by housing & utilities (5.9 percent vs 4.2 percent in October); miscellaneous goods & services (7.7 percent vs 7.6 percent); clothing & footwear (4.7 percent vs 3.9 percent); transport (4 percent, the same pace as in October) and education (6.8 percent, the same pace as in October). Inflation also ticked up for food & non-alcoholic beverages (0.9 percent vs 0.3 percent); alcoholic beverages & tobacco (2.1 percent vs 1.6 percent) and restaurants & hotels (2.5 percent vs 2 percent). On a monthly basis, consumer prices went up 0.3 percent, after increasing 0.2 percent in the previous month.
2019-11-29
Uganda Inflation Rate at Near 1-1/2-Year Low of 1.9%
Uganda's headline inflation eased to 1.9 percent in September 2019 from 2.1 percent in the prior month, reaching its lowest level since May last year, as prices fell for food & non-alcoholic beverages (-0.9 percent vs 0.1 percent in July), mostly sugar (-20.1 percent), bananas (-23.8 percent) and also communication (-10.1 percent vs -10 percent). In addition, cost advanced less for miscellaneous goods & services (7 percent vs 7.3 percent); recreation & culture (1.8 percent vs 2.2 percent) and clothing & footwear (4 percent vs 4.6 percent). Meanwhile, inflation was higher for housing & utilities (2.3 percent vs 1.2 percent); furnishings (2.4 percent vs 2.1 percent); health (2.6 percent vs 2.4 percent); restaurants & hotels (2.4 percent vs 1.9 percent) and alcoholic beverages, tobacco & narcotics (1.6 percent vs 1.0 percent). On a monthly basis, consumer prices inched up 0.7 percent, following a 0.4 percent rise in the previous month.
2019-09-30

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.