Inflation Rate in Uganda decreased to 1.90 percent in August from 2.10 percent in July of 2021. source: Uganda Bureau of Statistics

Inflation Rate in Uganda averaged 5.90 percent from 1998 until 2021, 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 September of 2021.

Inflation Rate in Uganda is expected to be 3.00 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 3.00 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
1.90 2.10 24.40 -5.36 1998 - 2021 percent Monthly
2016/2017=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-31 10:10 AM May 1.9% 2.1% 2.4%
2021-06-30 12:00 PM Jun 2% 1.9% 2.3%
2021-07-30 07:50 AM Jul 2.1% 2% 2.2%
2021-08-31 09:30 AM Aug 1.9% 2.1% 2.3%
2021-09-30 08:45 AM Sep 1.9%
2021-10-29 08:45 AM Oct
2021-11-30 08:30 AM Nov
2021-12-31 08:30 AM Dec


News Stream
Uganda Inflation Rate Edges Up to 2.1% in July
The annual inflation rate in Uganda edged up to 2.1 percent in July of 2021 from 2 percent in the previous month, mainly due to a smaller drop in housing & utilities (-0.9 percent vs -1.5 percent in July) and a rebound in cost of food & non-alcoholic beverages (0.7 percent vs -1.6 percent). Meantime, transport prices slowed (10.7 percent vs 15.9 percent). On a monthly basis, consumer prices were unchanged, after a 0.4 uptick in June.
2021-08-02
Uganda Inflation Rate Edges Up to 2% in June
The annual inflation rate in Uganda ticked up to 2 percent in June of 2021 from 1.9 percent in the previous month, mainly due to a smaller decrease in prices of food & non-alcoholic beverages (-1.6 percent vs -3.5 percent in May) and housing & utilities (-1.5 percent vs -1.7 percent). On a monthly basis, consumer prices went up 0.4 percent, after increasing 0.2 percent in the prior month.
2021-07-01
Uganda Inflation Rate Eases to 2.1% in April
The annual inflation rate in Uganda eased to 2.1 percent in April of 2021 from 2.7 percent in the previous month. The recorded slowdown was mainly driven by a steep drop in the prices of food & non-alcoholic beverages (-2.0 percent vs 0.4 percent in March), and from quicker deflationary pressures for housing & utilities (-1.5 percent vs -0.8 percent). Nevertheless, these declines were partially offset by the large increase in transport prices that has fastened during this period (19.6 percent vs 18.8 percent). On a monthly basis, consumer prices went up 0.3 percent in April, equaling the same pace as in the prior month.
2021-05-03
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 Inflation Rate
In Uganda, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.