Uruguay: Inflation recedes in April
Latest reading: Inflation inched down to 5.4% in April, from March’s 5.7%. Slower price pressures for food and non-alcoholic beverages primarily drove the downtick. Moreover, transportation costs grew at a milder pace amid lower fuel prices.
Meanwhile, the trend pointed up mildly, with annual average inflation rising to 5.2% in April (March: 5.0%).
Finally, consumer prices rose 0.32% from the previous month in April, a smaller hike than March’s 0.57% increase. April’s result marked the weakest reading since August 2024.