Uruguay Inflation Edges Higher in August

Uruguay’s annual inflation rate edged up to 4.55% in August 2026 from 4.27% in June. The largest price increases were recorded in transportation (7.06%), education services (7.02%), restaurants and accommodation services (6.78%), and health (6.52%). Housing-related costs also rose significantly, by 5.13%. Food and non-alcoholic beverages increased 3.14%, while alcoholic beverages, tobacco and narcotics rose 2.98%. In contrast, clothing and footwear fell 6.21%, making it the only category to record deflation. On a monthly basis, consumer prices rose 0.24%, bringing year-to-date inflation to 3.65%.

Uruguay’s annual inflation rate edged up to 4.27% in July 2026 from 4.25% in June. The strongest pressures were recorded in education (6.93%), followed by restaurants and hotels (6.72%), transport (5.76%), healthcare (5.59%), personal care and social protection (5.12%), housing and utilities (5.03%), recreation, sport and culture (4.56%), and information and communication (4.29%). Food prices increased 2.95%, while clothing and footwear remained the only major category in deflation, with prices falling 5.83%. On a monthly basis, consumer prices rose 0.07%, bringing year-to-date inflation to 3.40%.

Uruguay’s annual inflation rate rose to 4.25% in June 2026 from 3.77% in the prior month. The increase was driven by rises in transport costs (7.6%), education (6.8%), restaurants and hotels (6.6%), healthcare (6%), personal care and social protection (5.6%), utilities (4.9%), and information and communication (4.3%). Food costs were 2.6% higher. In contrast, prices of clothing and footwear prices fell 5.2%. On a monthly basis, consumer prices rose 0.4%.