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Uruguay Inflation September 2022

Uruguay: Inflation reaches over two-year high in September

Inflation rose to 9.9% in September, above August’s 9.5%. September’s result was the highest inflation rate since July 2020. The increase was largely due to increasing prices for food and non-alcoholic beverages.

Meanwhile, annual average inflation rose to 8.9% in September (August: 8.7%).

Finally, consumer prices rose 0.84% in September over the previous month, picking up from the 0.83% increase recorded in August. September’s figure was the highest reading since March.

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