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Uruguay Inflation July 2021

Uruguay: Inflation holds steady in July

Consumer prices rose 0.52% from the previous month in July, moderating from June’s 0.67% increase. Looking at the details of the release, the result was driven by moderating price pressures for food and non-alcoholic beverages and easing price pressures for housing. In addition, prices for transportation grew at a more subdued pace.

Inflation came in at 7.3% in July, unchanged from June’s result. Meanwhile, the trend pointed down, with annual average inflation felling to 8.5% in July (June: 8.8%).

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