Uruguay: Inflation falls to lowest level in over a year in March
Consumer prices rose 0.62% over the previous month in March, slowing down from February’s 0.82% increase. Looking at the details of the release, the reading largely reflected higher prices for food and non-alcoholic beverages.
Inflation fell to 8.3%in March, following February’s 9.1% and marking the lowest inflation rate since February 2020. Annual average inflation was unchanged at February’s 9.8% in March.