Uruguay’s Annual Inflation Rises in October

Uruguay’s annual inflation rate rose to 4.87% in October 2026, up from 4.68% in September. The largest price increases were recorded in transport (8.11%), amid elevated oil and fuel prices resulting from supply disruptions linked to the US-Iran war. Education services costs rose 7.6%, restaurant and accommodation prices increased 7.1%, and healthcare costs climbed 6.8%. Clothing was the only category to record deflation, with prices falling 5.4%.

Uruguay’s annual inflation rate rose to 4.68% in September 2026 from 4.55% in August. The largest price increases were recorded in education (7.29%), transport (7.13%), healthcare (6.72%), restaurants and lodging (6.64%), and personal care and social security (5.66%). Food and non-alcoholic beverages increased 4.26%. In contrast, clothing and footwear fell 6.21%, making it the only category to record deflation. On a monthly basis, consumer prices rose 0.54%, bringing year-to-date inflation to 4.21%.

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%.