Inflation in Uruguay

Uruguay Inflation | Economic News & Forecasts

Uruguay - Inflation

Inflation rises in October

Consumer prices increased 1.04% over the previous month in October, which was higher than September's 0.46% rise. October's result marked the strongest rise in prices since January. The acceleration was primarily driven by stronger growth in prices for clothing and footwear, and food and non-alcoholic beverages.

Inflation came in at 7.9% in October, up from September’s 7.4%. Accordingly, the trend pointed down, with annual average inflation coming in at 8.0% in October (September: 8.1%).

Panelists participating in this month’s LatinFocus Consensus Forecast project inflation to end 2021 at 7.2%, which is unchanged from last month’s forecast, and 2022 at 6.7%.

Uruguay - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)8.7  9.6  6.2  7.6  7.9  

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Uruguay Inflation Chart


Uruguay Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bank of Uruguay and FocusEconomics calculations.

Uruguay Facts

Value Change Date
Exchange Rate37.330.24 %Jan 01

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