The annual inflation rate in Uruguay decreased to 7.41 percent in September of 2021 from 7.59 percent in the previous month, which was the highest since March. Cost eased for food and non-alcoholic beverages (5.95 percent vs 6.65 percent in August); transportation (10.8 percent vs 11.03 percent) and healthcare (7.51 percent vs 7.98 percent). On the other hand, prices rose further for housing (7.28 percent vs 7.25 percent). On a monthly basis, consumer prices went up 0.46 percent, after a 0.85 percent gain in August. source: Instituto Nacional de Estadística, Uruguay

Inflation Rate in Uruguay averaged 30.69 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 October of 2021.

Inflation Rate in Uruguay is expected to be 7.50 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 6.60 percent in 2022 and 6.00 percent in 2023, according to our econometric models.

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Uruguay Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-07-05 05:30 PM Jun 7.33% 6.64% 6.7%
2021-08-04 05:30 PM Jul 7.30% 7.33% 0.3%
2021-09-03 05:20 PM Aug 7.59% 7.30% 7.7%
2021-10-05 07:30 PM Sep 7.41% 7.59% 7.7%
2021-11-04 05:30 PM Oct 7.41%
2021-12-03 05:30 PM Nov


News Stream
Uruguay Inflation Rate Eases from 5-Month High
The annual inflation rate in Uruguay decreased to 7.41 percent in September of 2021 from 7.59 percent in the previous month, which was the highest since March. Cost eased for food and non-alcoholic beverages (5.95 percent vs 6.65 percent in August); transportation (10.8 percent vs 11.03 percent) and healthcare (7.51 percent vs 7.98 percent). On the other hand, prices rose further for housing (7.28 percent vs 7.25 percent). On a monthly basis, consumer prices went up 0.46 percent, after a 0.85 percent gain in August.
2021-10-05
Uruguay Inflation Rate Quickens to 5-Month High
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.
2021-09-03
Uruguay Inflation Edges Down to Fresh 3-Year Low
The annual inflation rate in Uruguay edged down to 6.64 percent in May of 2021, the lowest reading since April of 2018 as both food prices (4.37 percent vs 4.56 percent in April) and cost of restaurants & hotels (6.48 percent vs 6.29 percent) increased at a slower rate. In contrast, inflation end up quickening for both housing & utilities (6.48 percent vs 6.29 percent) and transports (6.26 percent vs 5.79 percent). On a monthly basis, consumer prices rose by 0.46 percent, easing from a 0.50 percent increase in the month prior.
2021-06-03
Uruguay Inflation Eases to 3-Year Low
The annual inflation rate in Uruguay fell to 6.76 percent in April of 2021 from 8.34 percent in February. It was the lowest reading since April of 2018, as prices slowed for alcoholic beverages & tobacco (4.56 percent vs 8.45 percent in March) and housing (6.29 percent vs 10.73 percent). On the other hand, transport prices advanced faster (5.79 percent vs 4.71 percent). On a monthly basis, consumer prices went up 0.50 percent, after a 0.62 percent jump in the previous month.
2021-05-05

Uruguay Last Unit Reference Previous Highest Lowest
Inflation Rate 7.41 percent Sep/21 7.59 182.86 -7.12
Consumer Price Index CPI 236.98 points Sep/21 235.82 236.98 0.00
Inflation Rate Mom 0.46 percent Sep/21 0.85 20.35 -5.50
Producer Prices Change 17.60 percent Sep/21 19.49 149.94 -5.37
Producer Prices 275.98 points Sep/21 278.10 278.10 0.00
CPI Transportation 223.78 points Sep/21 223.81 223.81 34.75
CPI Housing Utilities 238.53 points Sep/21 237.69 238.53 28.79


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.