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 July 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.

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Uruguay Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-04 05:30 PM Apr 9.37% 9.38% 10%
2022-06-03 05:30 PM May 9.37% 9.37% 9.51%
2022-07-05 05:30 PM Jun 9.37% 9.52%


Related Last Previous Unit Reference
Inflation Rate 9.37 9.37 percent May 2022
Consumer Price Index CPI 252.82 251.65 points May 2022
Producer Prices Change 14.25 21.77 percent Jun 2022
Producer Prices 304.01 311.66 points Jun 2022
Inflation Rate Mom 0.46 0.49 percent May 2022
CPI Transportation 245.42 242.54 points May 2022
CPI Housing Utilities 251.44 249.19 points May 2022

Uruguay Inflation Rate
In Uruguay, the most important categories in the CPI basket are Food and Non-Alcoholic Beverages (26.1 percent of the total weight) and Housing (13.7 percent). Transportation accounts for 10.1 percent; Health care for 7.71 percent; Restaurants and Accommodation Services for 7.70 percent; Recreation and Culture for 6.5 percent. Others include: Miscellaneous Goods and Services (6.3 percent); Furniture and Household Conservation Items (5.7 percent); Clothing and Footwear (5.4 percent); Alcoholic Beverages, Tobacco and Narcotics (4.3 percent); Communications (3.4 percent) and Education (3.1 percent). The CPI index has a base of 100 as of 2010.
Actual Previous Highest Lowest Dates Unit Frequency
9.37 9.37 182.86 -7.12 1938 - 2022 percent Monthly
2010=100

News Stream
Uruguay Inflation Rate Steady at 9.4% in May
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.
2022-06-03
Uruguay Inflation Rate Steady Near 15-Month High
Consumer prices in Uruguay rose 9.4 percent from a year earlier in April of 2022, little changed from the previous month’s 15-month high. Cost advanced faster for transport (13.8 percent from 12.6 percent); housing & utilities (7.1 percent from 6.6 percent); restaurant & hotels (11 percent from 9.5 percent); health (8.3 percent from 8 percent); recreation & culture (6.7 percent from 6.2 percent) and education (8.3 percent from 8 percent). On the other hand, prices slowed for food & non-alcoholic beverages (11.4 percent from 12.4 percent); alcoholic beverages & tobacco (7.3 percent from 7.7 percent); clothing & footwear (6.5 percent from 8 percent); furniture & household equipment (7.8 percent from 8.1 percent); communication (0.2 percent from 0.5 percent) and miscellaneous goods & services (8.8 percent from 9.2 percent). On a monthly basis, consumer prices went up 0.5 percent, easing from a 1.1 percent increase in March.
2022-05-04
Uruguay March Inflation Rate at Over 1-Year High
The annual inflation rate in Uruguay accelerated for the fourth straight month to 9.38% in March of 2022, from 8.85% in the previous month. It was the highest reading since December of 2020, underpinned by prices of transportation (12.55% vs 13.1% in February), food and non-alcoholic beverages (12.35% vs 10.28%), restaurants and hotels (9.54% vs 8.68%), housing and utilities (6.64% vs 6.69%) and furnishings (8.08% vs 8.99%). On a monthly basis, consumer prices were up 1.11%, slowing from a 1.47% rise in the previous month.
2022-04-05