Uruguay: Inflation holds steady in April
Consumer prices increased 0.49% from the previous month in April, below the 1.11% increase recorded in March. April’s result marked the weakest reading since December 2021. The moderation was largely driven by dropping prices for food and non-alcoholic beverages.
Inflation came in at 9.4% in April, matching March’s result. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 8.0% in April (March: 7.8%).