Uruguay: Inflation falls to over one-year low in August
Latest reading: Inflation dropped to 4.2% in August, which was down from July’s 4.5%. August’s result represented the lowest inflation rate since May 2024. The reading was largely due to softer price pressures for food and transportation. In addition, prices for clothing and footwear fell at a quicker pace.
Annual average inflation ticked down to 5.0% in August (July: 5.1%).
Lastly, consumer prices fell 0.03% from the previous month in August, contrasting the 0.05% rise recorded in July.