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Uruguay Inflation December 2022

Uruguay: Inflation declines in December

Inflation eased to 8.3% in December from Novembers 8.5%. October’s reading marked the lowest inflation rate since February. The slowdown was largely due to a softer rise in prices for transportation, clothing and furniture. That said, food inflation accelerated slightly.

Meanwhile, the trend pointed down, with annual average inflation coming in at 9.0% in December (November: 9.1%).

Lastly, consumer prices decreased 0.26% in December over the previous month, following November’s 0.28% decrease.

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