Skyline at night in Uruguay

Uruguay Inflation January 2020

Uruguay: Inflation moderates in February

Consumer prices rose 0.6% from a month earlier in February, following a 2.1% jump in the first month of this year. A breakdown of the sub-components provided by the Statistical Institute showed that 9 of the 12 sub-components saw an increase in prices, led by surging prices for alcohol and tobacco, one category saw no change while prices for the remaining two categories dipped marginally.

Meanwhile, inflation declined to 8.3% in February, from 8.7% in January. Nevertheless, inflation remained entrenched well above the upper bound of the Central Bank’s 3.0%–7.0% target range. Lastly, annual average inflation rose from 8.0% in January to 8.1% in February, the highest reading in close to three years.

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