Skyline at night in Uruguay

Uruguay Inflation November 2023

Uruguay: Inflation comes in at highest level since June in November

Inflation increased to 5.0% in November, above October’s 4.3%. November’s reading marked the highest inflation rate since June, though it remained within the Central Bank’s 3.0–6.0% target range. Looking at the details of the release, the increase was broad-based with prices for transport growing at the quickest pace in 11 months, Similarly, price pressures for food and non-alcoholic beverages and housing and utilities rose at a faster pace in November.

Annual average inflation fell to 6.1% in November (October: 6.4%).

Lastly, consumer prices rose 0.34% over the previous month in November, slowing down from October’s 0.63% increase. November’s result marked the weakest reading since August.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen