Imports in Uganda
Uganda - ImportsThe economy contracted 3.2% year-on-year in the second quarter, after growth slowed in the first quarter. Domestic and foreign lockdowns to fight the pandemic resulted in a broad-based deterioration of the economy, hitting the external sector particularly hard with a negative impact on foreign direct investment, remittances, tourism and exports. Moreover, the locust infestation that started in February is not yet under control, weighing on agricultural production in Q2. On the positive side, the PMI rose above the 50-threshold in July, supported by higher demand thanks to the easing of restrictions, and signaling an improvement in the business environment. Nevertheless, activity is likely to remain muted, as uncertainty regarding the pandemic, employment levels and income remains.
Uganda - Imports Data
|Imports (USD billion)||5.0||4.5||5.2||6.1||6.8|
5 years of economic forecasts for more than 30 economic indicators.
Source: Bank of Uganda
|Bond Yield||15.75||1.02 %||Dec 31|
|Exchange Rate||3,670||0.17 %||Dec 31|
|Stock Market||0.3||0.0 %||Jan 07|
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