The annual inflation rate in Uruguay fell to 9.74 percent in October 2020 from 9.92 percent in the previous. It was the lowest inflation rate since March, as prices slowed for food & beverages (12.5 percent vs 13.5 percent in September); transport (4.9 percent vs 5.3 percent); miscellaneous goods & services (9.7 percent vs 10.2 percent); and restaurants & hotels (8.2 percent vs 8.4 percent). On the other hand, cost advanced further mainly for housing & utilities (8.0 percent vs 7.8 percent); clothing & footwear (6.3 percent vs 4.9 percent); recreation & culture (14.9 percent vs 14.2 percent); and furniture & home decor (10.8 percent vs 10.6 percent). On a monthly basis, consumer prices went up 0.58 percent, easing from a 0.64 percent gain in the prior month. source: Instituto Nacional de Estadística, Uruguay

Inflation Rate in Uruguay averaged 30.94 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 November of 2020.

Inflation Rate in Uruguay is expected to be 9.50 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 8.00 in 12 months time. In the long-term, the Uruguay Inflation Rate is projected to trend around 7.50 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
9.74 9.92 182.86 -7.12 1938 - 2020 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-05 05:30 PM Jul 10.13% 10.36% 10.1%
2020-09-03 05:30 PM Aug 9.79% 10.13% 9.9%
2020-10-05 07:30 PM Sep 9.92% 9.79% 9.3%
2020-11-05 05:30 PM Oct 9.74% 9.92% 9.9%
2020-12-03 05:30 PM Nov 9.74% 9.7%
2021-01-04 05:30 PM Dec
2021-02-05 09:00 PM Jan
2021-03-04 05:30 PM Feb


News Stream
Uruguay Inflation Rate Slows to 7-Month Low in October
The annual inflation rate in Uruguay fell to 9.74 percent in October 2020 from 9.92 percent in the previous. It was the lowest inflation rate since March, as prices slowed for food & beverages (12.5 percent vs 13.5 percent in September); transport (4.9 percent vs 5.3 percent); miscellaneous goods & services (9.7 percent vs 10.2 percent); and restaurants & hotels (8.2 percent vs 8.4 percent). On the other hand, cost advanced further mainly for housing & utilities (8.0 percent vs 7.8 percent); clothing & footwear (6.3 percent vs 4.9 percent); recreation & culture (14.9 percent vs 14.2 percent); and furniture & home decor (10.8 percent vs 10.6 percent). On a monthly basis, consumer prices went up 0.58 percent, easing from a 0.64 percent gain in the prior month.
2020-11-05
Uruguay Inflation Edges Up to 9.9% YoY
The inflation rate in Uruguay climbed to 9.92 percent in September from 9.79 percent in the previous month. The categories contributing the most to the headline were food & beverages (13.5 percent yoy), recreation & culture (14.21 percent yoy), furniture & home decor (10.62 percent), and liquor & tobacco (10.39 percent). In contrast, prices of clothing & footwear advanced 4.87 percent and those of housing climbed 7.84 percent. On a monthly basis, inflation was recorded at 0.64 percent. Year to date, consumer prices are up 8.68 percent.
2020-10-05
Uruguay Inflation Rate Eases to 5-Month Low in August
The annual inflation rate in Uruguay dropped to 9.79 percent in August of 2020 from 10.13 percent in the previous month. Prices slowed mainly for food & non-alcoholic beverages (12.88 percent vs 14.81 percent in July); transport (6.42 percent vs 7.21 percent) and restaurants & hotels (8.26 percent vs 8.33 percent). On the other hand, cost advanced faster for housing (7.77 percent vs 7.67 percent) and health (10.12 percent vs 7.97 percent). On a monthly basis, consumer prices rose 0.57 percent, following a 0.55 percent rise in July.
2020-09-03
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
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.