The inflation rate in Uruguay was recorded at 10.13 percent in July of 2020.

Inflation Rate in Uruguay averaged 31.01 percent from 1938 until 2020, reaching an all time high of 182.86 percent in June of 1968 and a record low of -7.12 percent in February of 1950. This page provides the latest reported value for - Uruguay Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uruguay Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Inflation Rate in Uruguay is expected to be 9.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Uruguay to stand at 7.90 in 12 months time. In the long-term, the Uruguay Inflation Rate is projected to trend around 6.80 percent in 2021 and 6.60 percent in 2022, according to our econometric models.

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Uruguay Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.13 10.36 182.86 -7.12 1938 - 2020 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2020-05-05 05:30 PM Apr 10.86% 9.16% 9%
2020-06-03 05:30 PM May 11.05% 10.86% 10.9%
2020-07-03 05:30 PM Jun 10.36% 11.05% 10.9%
2020-08-05 05:30 PM Jul 10.13% 10.36% 10.1%
2020-09-03 05:30 PM Aug 10.13%
2020-10-05 05:30 PM Sep 9.3%
2020-11-05 05:30 PM Oct
2020-12-03 05:30 PM Nov


News Stream
Uruguay Inflation Rate Eases to 4-Month Low in July
The annual inflation rate in Uruguay dropped to 10.13 percent in July of 2020 from 10.36 percent in the previous month. Prices slowed mainly for food & non-alcoholic beverages (14.81 percent vs 16.63 percent in June); health (7.97 percent vs 8.40 percent) and restaurant & hotels (8.33 percent vs 9.42 percent). On the other hand, cost advanced faster for housing (7.67 percent vs 7.59 percent); transport (7.21 percent vs 6.50 percent) and recreation & culture (13.31 percent vs 10.98 percent). On a monthly basis, consumer prices rose 0.55 percent, after a flat reading in June.
2020-08-05
Uruguay Inflation Rate Slows to 3-Month Low in June
The annual inflation rate in Uruguay dropped to 10.36 percent in June 2020 from 11.05 percent in the previous month. Prices eased mainly for food & non-alcoholic beverages (16.63 percent from 19.26 percent in May); housing (7.59 percent from 7.63 percent); transport (6.50 percent from 6.93 percent); health (8.40 percent from 8.84 percent); education (1.13 percent from 1.83 percent); and restaurant & hotels (9.42 percent from 9.47 percent). Meanwhile, cost advanced further for furnishings (10.41 percent from 10.36 percent); recreation & culture (10.98 percent from 10.74 percent); and miscellaneous goods & services (10.35 percent from 10.01 percent). On a monthly basis, consumer prices were unchanged, after increasing 0.6 percent in the prior month.
2020-07-03
Uruguay Inflation Rate Highest Since 2003
The annual inflation rate in Uruguay increased to 11.05 percent in May of 2020 from 10.86 percent in the previous month. It was the highest inflation rate since October of 2003, as prices continued to rise for food & non-alcoholic beverages (19.26 percent vs 18.89 percent in April) and furnishings (10.36 percent vs 7.18 percent). On the other hand, cost slowed for housing (7.63 percent vs 7.76 percent); transport (6.93 percent vs 7.75 percent) and recreation & culture (10.74 percent vs 11.32 percent). On a monthly basis, consumer prices went up 0.57 percent, following a 2.00 percent gain in the prior month.
2020-06-03
Uruguay Inflation Rate at Near 4-Year High
The annual inflation rate in Uruguay increased to 10.86 percent in April of 2020 from 8.32 percent in the previous month. It was the highest inflation rate since June 2016, as prices advanced further for food & non-alcoholic beverages (18.89 percent vs 13.17 percent in March) and housing (7.76 percent vs 3.51 percent). Meantime, cost slowed for transport (7.75 percent vs 8.57 percent); recreation & culture (11.32 percent vs 12.07 percent) and furnishings (7.18 percent vs 10.86 percent). On a monthly basis, consumer prices went up 2 percent, following a 1.3 percent gain in March.
2020-05-05

Uruguay Inflation Rate
In Uruguay, the most important categories in the CPI basket are Food and Non-Alcoholic Beverages (26.1 percent of the total weight) and Housing (13.7 percent). Transportation accounts for 10.1 percent; Health care for 7.71 percent; Restaurants and Accommodation Services for 7.70 percent; Recreation and Culture for 6.5 percent. Others include: Miscellaneous Goods and Services (6.3 percent); Furniture and Household Conservation Items (5.7 percent); Clothing and Footwear (5.4 percent); Alcoholic Beverages, Tobacco and Narcotics (4.3 percent); Communications (3.4 percent) and Education (3.1 percent). The CPI index has a base of 100 as of 2010.