The annual inflation rate in Uganda picked up to 5.8% in October 2026, the highest since May 2023, from 4.6% in September. Inflation has been rising consistently since April, reflecting the depreciation of the Ugandan shilling and higher fuel prices linked to the Middle East conflict. Annual food crop inflation accelerated to 10.7% in October from 4.5% in September, driven by higher prices for dry beans, tomatoes, sweet potatoes, matoke and pineapples. Energy, fuels and utilities inflation registered 15.4%, up from 14.5% in September, with petrol prices rising 34.3%, diesel 49.2% and firewood 15.5%. The core inflation, which excludes volatile raw food and fuel, quickened to 4.4%, the highest since June 2023, from 3.7% previously. On a monthly basis, the CPI rose by 1.1% in October, after a 0.9% increase in September. The Bank of Uganda raised its policy rate by 225 basis points to 12% on October 14 to curb inflationary pressures intensified by the shilling’s sharp depreciation. source: Uganda Bureau of Statistics

Inflation Rate in Uganda increased to 5.80 percent in October from 4.60 percent in September of 2026. Inflation Rate in Uganda averaged 5.64 percent from 1998 until 2026, reaching an all time high of 24.40 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. Uganda Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

Inflation Rate in Uganda increased to 5.80 percent in October from 4.60 percent in September of 2026. Inflation Rate in Uganda is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Inflation Rate is projected to trend around 4.30 percent in 2027 and 3.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-30 08:20 AM
Inflation Rate YoY
Sep 4.6% 4.1% 4.3%
2026-10-30 08:25 AM
Inflation Rate YoY
Oct 5.8% 4.6% 4.8%
2026-11-27 08:30 AM
Inflation Rate YoY
Nov 5.8% 6.4%


Related Last Previous Unit Reference
Consumer Price Index CPI 145.52 143.89 points Oct 2026
Core Consumer Prices 143.25 142.36 points Oct 2026
Core Inflation Rate 4.40 3.70 percent Oct 2026
CPI Clothing 134.73 133.84 points Oct 2026
CPI Education 164.32 161.58 points Oct 2026
CPI Food 150.22 146.87 points Oct 2026
CPI Health 140.59 140.48 points Oct 2026
CPI Housing Utilities 138.89 137.90 points Oct 2026
CPI Recreation and Culture 127.08 126.90 points Oct 2026
CPI Restaurants and Hotels 138.63 137.54 points Oct 2026
CPI Transportation 176.96 174.80 points Oct 2026
Food Inflation 7.50 4.70 percent Oct 2026
Inflation Rate YoY 5.80 4.60 percent Oct 2026
Inflation Rate MoM 1.10 0.90 percent Oct 2026
Producer Prices 128.31 127.58 points Sep 2026
PPI YoY 2.80 2.10 percent Sep 2026


Uganda Inflation Rate
In Uganda, the main components of the Consumer Price Index are: Food and Non-Alcoholic Beverages (27%), Transport (10%), and Housing (10%). Restaurants & Hotels accounts for 9%, Clothing & Footwear for 7% and Education for 6%. The index also includes: Miscellaneous Goods & Services (5%), Recreation & Culture (5%), Furniture & Household Goods (5%), Communication (4%), Alcoholic Beverages, Tobacco and Narcotics (4%), and Medical Care (2%).
Actual Previous Highest Lowest Dates Unit Frequency
5.80 4.60 24.40 -5.36 1998 - 2026 percent Monthly
2016/2017=100

News Stream
Uganda Inflation Rate Hits Near 3-1/2-Year High
The annual inflation rate in Uganda picked up to 5.8% in October 2026, the highest since May 2023, from 4.6% in September. Inflation has been rising consistently since April, reflecting the depreciation of the Ugandan shilling and higher fuel prices linked to the Middle East conflict. Annual food crop inflation accelerated to 10.7% in October from 4.5% in September, driven by higher prices for dry beans, tomatoes, sweet potatoes, matoke and pineapples. Energy, fuels and utilities inflation registered 15.4%, up from 14.5% in September, with petrol prices rising 34.3%, diesel 49.2% and firewood 15.5%. The core inflation, which excludes volatile raw food and fuel, quickened to 4.4%, the highest since June 2023, from 3.7% previously. On a monthly basis, the CPI rose by 1.1% in October, after a 0.9% increase in September. The Bank of Uganda raised its policy rate by 225 basis points to 12% on October 14 to curb inflationary pressures intensified by the shilling’s sharp depreciation.
2026-11-03
Uganda Inflation Rate Quickens to 9-Month High
The annual inflation rate in Uganda accelerated to 3.7% in June 2026 from 3.2% in the prior month, marking the highest level since September 2025. Upward pressure came from several categories, particularly transportation (8.8% vs 6.7% in May); food & non-alcoholic beverages (2.6% vs 1.8%); education (5.7% vs 4.1%); housing & utilities (4.9% vs 4.5%) and insurance and financial services (12.6% vs 12.6%). The core inflation rate, which excludes volatile items like energy, fuel and metered water, also increased to 3.4% in June, the steepest in eight months, from 3% in May. On a monthly basis, the CPI rose by 0.6%, after a 0.7% increase in the month before.
2026-07-01
Uganda Inflation Rate Steady at 1-Year Low
The annual inflation rate in Uganda stood at 3.1% in December 2025, the lowest since November 2024, unchanged from the prior month. Price growth remained stable for alcoholic beverages & tobacco (at 1.6%); information & communication (at 2.2%); education (at 7.6%) and insurance and financial services (at 10.1%). Meanwhile, prices of transportation (0.1% vs 1.4%) and restaurants and hotels (4.7% vs 5.2%) slowed significantly. On the other hand, faster increases were seen mostly for health (4.3% vs 3.8%); food & non-alcoholic beverages (3.5% vs 2.9%) and housing & utilities (2.5% vs 2.2%). On a monthly basis, consumer prices rose by 0.5% in December, after decreasing by 0.1% in the previous month.
2026-01-02