Uruguay: Inflation rises in October from the prior month
Latest reading: Consumer prices rose 4.3% on a year-on-year basis in October, following a 4.2% increase in the prior month.
Relative to the previous month’s figures, there were higher price pressures for food and non-alcoholic beverages (+5.2% on a year-on-year basis vs +4.6% in September) and transportation (+0.7% vs +0.6% in September). In contrast, there were reduced price pressures for clothing and footwear (-1.4% vs -1.2% in September) and housing (+4.1% vs +4.2% in September).
Lastly, consumer prices rose 0.40% in October in month-on-month terms, unchanged from the prior month’s reading.