Uruguay's annual inflation eased to 2.94% in March 2026 from 3.11% in February, the lowest rate since August 1956. Price increases slowed across most categories: food and non-alcoholic beverages fell to 2.43% from 4.32%, and housing and utilities declined to 3.99% from 5.01%. Deflation deepened in clothing and footwear to 4.33% from 3.86%, while transport deflation eased to 2.2% from 3.58%. Prices rose faster in information and communication at 3.76% from 3.53%, and recreation, sports and culture at 2.85% from 2.49%. On a monthly basis, consumer prices rose 0.41%, accelerating from 0.35% in February. source: Instituto Nacional de Estadística, Uruguay

Inflation Rate in Uruguay decreased to 2.94 percent in March from 3.11 percent in February of 2026. Inflation Rate in Uruguay averaged 29.43 percent from 1938 until 2026, 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 April of 2026.

Inflation Rate in Uruguay decreased to 2.94 percent in March from 3.11 percent in February of 2026. Inflation Rate in Uruguay is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Inflation Rate is projected to trend around 5.30 percent in 2027 and 4.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-04 05:30 PM
Inflation Rate YoY
Feb 3.11% 3.46% 3.3%
2026-04-02 07:05 PM
Inflation Rate YoY
Mar 2.94% 3.11% 3.5%
2026-05-05 06:00 PM
Inflation Rate YoY
Apr 2.94%


Related Last Previous Unit Reference
Consumer Price Index CPI 116.24 115.77 points Mar 2026
CPI Housing Utilities 117.90 117.74 points Mar 2026
CPI Transportation 104.35 103.38 points Mar 2026
Inflation Rate YoY 2.94 3.11 percent Mar 2026
Inflation Rate MoM 0.41 0.35 percent Mar 2026
Producer Prices 104.25 103.34 points Feb 2026
Producer Prices Change -0.65 -0.61 percent Feb 2026


Uruguay Inflation Rate
In Uruguay, the most important categories in the Consumer Price Index basket are: Food & Non-alcoholic Beverages (26%) and Housing (14%). Transportation accounts for 10%, Health for 8%, Restaurants & Hotels for 8%, and Recreation & Culture for 6%. Others include: Miscellaneous Goods & Services (6%), Furniture & Household Conservation Items (6%), Clothing & Footwear (5%), Alcoholic Beverages, Tobacco & Narcotics (4%), Communications (3%), and Education (3%). The CPI index has a base of 100 as of 2010.
Actual Previous Highest Lowest Dates Unit Frequency
2.94 3.11 182.86 -7.12 1938 - 2026 percent Monthly
2010=100

News Stream
Uruguay Inflation Eases in March
Uruguay's annual inflation eased to 2.94% in March 2026 from 3.11% in February, the lowest rate since August 1956. Price increases slowed across most categories: food and non-alcoholic beverages fell to 2.43% from 4.32%, and housing and utilities declined to 3.99% from 5.01%. Deflation deepened in clothing and footwear to 4.33% from 3.86%, while transport deflation eased to 2.2% from 3.58%. Prices rose faster in information and communication at 3.76% from 3.53%, and recreation, sports and culture at 2.85% from 2.49%. On a monthly basis, consumer prices rose 0.41%, accelerating from 0.35% in February.
2026-04-02
Uruguay Inflation Falls to Lowest Since 1939
Uruguay’s annual inflation eased to 3.11% in February 2026 from 3.46% in January, the lowest rate since January 1939. Price increases slowed across most categories: food and non-alcoholic beverages (4.32% vs 4.66%), alcoholic beverages and tobacco (3.74% vs 3.80%), housing and utilities (5.01% vs 5.37%), healthcare (5.64% vs 6.30%), recreation, sport and culture (2.49% vs 3.00%), education (5.85% vs 7.13%), and insurance and financial services (2.47% vs 2.98%). Deflation deepened in clothing and footwear (-3.86% vs -3.34%) and transport (-3.58% vs -3.48%). Prices rose faster in furniture and household appliances (1.01% vs 0.91%), information and communication (3.53% vs 3.39%), and personal expenses (5.74% vs 5.05%). On a monthly basis, consumer prices rose 0.35% after a 0.90% increase in January.
2026-03-04
Uruguay Inflation Slows Further in January
Uruguay’s annual inflation eased to 3.46% in January 2026 from 3.65% in December, the lowest level since August 2005. Prices fell further in clothing and footwear (-3.3% vs -2.6%) and transport (-3.5% vs -1.4%). Inflation also slowed for alcoholic beverages and tobacco (3.8% vs 4.1%), furniture and household articles (0.9% vs 1.4%), and healthcare (1.7% vs 5.4%). On a monthly basis, consumer prices rose 0.9%, rebounding from a 0.1% decline in the previous month.
2026-02-04