Cost of food in Uruguay increased 2.21 percent in May of 2026 over the same month in the previous year. Food Inflation in Uruguay averaged 8.86 percent from 1998 until 2026, reaching an all time high of 37.12 percent in March of 2003 and a record low of -1.82 percent in October of 1999. source: Instituto Nacional de Estadistica (INE), Uruguay
Food Inflation in Uruguay is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Food Inflation is projected to trend around 3.10 percent in 2027 and 3.00 percent in 2028, according to our econometric models.