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Uruguay Inflation April 2022

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%).

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