The annual inflation rate in Uganda rose to 4.1% in March of 2021 from 3.8% in the previous month, reaching its highest level since last October. Main upward pressure came from prices of transport (25.4% vs 28.9%); food & non-alcoholic beverages & tobacco (1.1% vs -0.9%); health (4.1%, the same pace as in February) and alcoholic beverages & tobacco (2.9% vs 3.4%). In addition, costs fell less for housing & utilities (-0.3% vs -1.4%), amid a slower decrease in prices of firewood (-13.2% vs -15.6%) and a slight rebound in those of charcoal (0.3% vs -3.4%). On a monthly basis, consumer prices went up 0.3%, the same pace as in the previous month. source: Uganda Bureau of Statistics

Inflation Rate in Uganda averaged 6.08 percent from 1998 until 2021, 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. Uganda Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Inflation Rate in Uganda is expected to be 3.40 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 3.00 in 12 months time. In the long-term, the Uganda Inflation Rate is projected to trend around 4.00 percent in 2022 and 4.40 percent in 2023, according to our econometric models.

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Uganda Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.10 3.80 24.50 -5.36 1998 - 2021 percent Monthly
2009/2010=100


Calendar GMT Actual Previous Consensus TEForecast
2020-12-31 08:00 AM Dec 3.6% 3.7% 3.5%
2021-01-29 08:50 AM Jan 3.7% 3.6% 3.4%
2021-02-26 08:30 AM Feb 3.8% 3.7% 3.7%
2021-03-31 08:40 AM Mar 4.1% 3.8% 3.4%
2021-04-30 11:15 AM Apr 4.1% 3.2%
2021-05-28 12:20 PM May
2021-06-30 09:00 AM Jun
2021-07-30 06:45 AM Jul


News Stream
Uganda March Inflation Rate at 5-Month High
The annual inflation rate in Uganda rose to 4.1% in March of 2021 from 3.8% in the previous month, reaching its highest level since last October. Main upward pressure came from prices of transport (25.4% vs 28.9%); food & non-alcoholic beverages & tobacco (1.1% vs -0.9%); health (4.1%, the same pace as in February) and alcoholic beverages & tobacco (2.9% vs 3.4%). In addition, costs fell less for housing & utilities (-0.3% vs -1.4%), amid a slower decrease in prices of firewood (-13.2% vs -15.6%) and a slight rebound in those of charcoal (0.3% vs -3.4%). On a monthly basis, consumer prices went up 0.3%, the same pace as in the previous month.
2021-04-02
Uganda February Inflation Rate at 4-Month High
The annual inflation rate in Uganda rose to 3.8% in February of 2021 from 3.7% in the previous month, reaching its highest level since last October. Main upward pressure came from prices of transport (28.9% vs 28.1% in January), amid an increase in the costs of purchasing second hand vehicles (21.9% vs 14.7%); health (4.1% vs 1.3%) and alcoholic beverages & tobacco (3.4% vs 2.9%). In addition, food prices decreased at a slower pace (-0.9% vs -1.2%), in particular, those of sugar (-4.8% vs -9.6%) and vegetables (-4.7% vs -7.4%). On a monthly basis, consumer prices were up 0.3%, after increasing 0.2% in the preceding month.
2021-03-07
Uganda January Inflation Rate Edges Up to 3.7%
The annual inflation rate in Uganda ticked up to 3.7% in January of 2021 from 3.6% in the previous month. Prices remained sharp for transport (28.1% vs 28.2% in December), namely passenger transportation services by road (61.3% vs 64.6%). At the same time, costs advanced faster mainly for clothing & footwear (3.5% vs 2.8%) and restaurants & hotels (1.5% vs 0.7%). On the other hand, prices continued to fall for food & non-alcoholic beverages (-1.2% vs -1%), of which vegetables (-7.4% vs -7.3%) and bread & cereals (-5.6% vs -5.3%); and housing & utilities (-0.9% vs -2.5%). On a monthly basis, consumer prices went up 0.2%, after increasing 0.3% in the previous month.
2021-01-31
Uganda December Inflation Rate Drops to 7-Month Low
The annual inflation rate in Uganda edged down to 3.6% in December of 2020 from 3.7% in the previous month. It was the lowest inflation rate since May, as prices continued to ease mostly for transport services (59.6% vs 60.4% in November) and alcoholic beverages & tobacco (3.3% vs 3.8%). In addition, costs decreased for housing & utilities (-2.5% vs -0.3%), of which electricity, gas and other fuels (-6% vs -1.4%); and food & non-alcoholic beverages (-1%, the same pace as in November). On a monthly basis, consumer prices were up 0.3%, after falling 0.5% in the previous month.
2021-01-05

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.