The annual inflation rate in Uruguay rose to 7.59 percent in August of 2021 from 7.3 in July. It was the highest reading in five months. Upward pressure came from prices of transportation (11.03 percent vs 8.67 percent in July), education (8.54 percent vs 8.29 percent), housing (7.25 percent vs 7.15 percent), food and non-alcoholic beverages (6.65 percent vs 5.87), furnishings (9.24 percent vs 10.35 percent) and healthcare (7.98 percent vs 8.7 percent). On a monthly basis, consumer prices in August rose by 0.85 percent, the most since January, accelerating from 0.52 percent in July. source: Instituto Nacional de Estadística, Uruguay
Inflation Rate in Uruguay averaged 30.71 percent from 1938 until 2021, 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 September of 2021.
Inflation Rate in Uruguay is expected to be 8.00 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 6.60 percent in 2022 and 6.00 percent in 2023, according to our econometric models.