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Uruguay Inflation November 2021

Uruguay: Inflation remains stable in November

Consumer prices increased 0.25% over the previous month in November, below October’s 1.04% rise. November’s result marked the softest rise in prices since December 2020. The moderation was primarily driven by softer growth in prices for clothing, while prices for food and non-alcoholic beverages fell.

Inflation came in at 7.9% in November, which matched October’s reading. Accordingly, the trend pointed down slightly, with annual average inflation coming in at 7.9% in November (October: 8.0%).

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