Uruguay’s annual inflation rate stood at 9.4 percent in May 2022, unchanged from the previous month. Prices advanced faster for housing & utilities (7.6 percent vs. 7.1 percent in April), transport (14.5 percent vs. 13.8 percent), healthcare (8.4 percent vs. 8.3 percent), and restaurant & hotels (11.7 percent vs. 11 percent). On the other hand, food & alcoholic beverages prices slowed (10.2 percent vs. 11.4 percent). On a monthly basis, consumer prices went up 0.5 percent, the same as in April. source: Instituto Nacional de Estadística, Uruguay
Inflation Rate in Uruguay averaged 30.51 percent from 1938 until 2022, 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 June of 2022.
Inflation Rate in Uruguay is expected to be 9.50 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 6.00 percent in 2023, according to our econometric models.