Inflation in Uganda
April’s inflation fell to a nine-month low of 8.0% (March: 9.0%) amid moderating price pressures for food, transport and housing and utilities. Inflation will likely remain above the Bank of Uganda’s 5.0% target this year. That said, price pressures should continue to moderate from current levels amid still-high interest rates.
Uganda Inflation Chart
Uganda Inflation Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Inflation (CPI, ann. var. %, eop) | 3.3 | 2.2 | 2.4 | 2.5 | 2.9 |