Inflation in Uganda
Uganda - InflationGDP expanded at a record rate in year-on-year terms in the second quarter (Q2: +13.7% yoy; Q1: +3.0% yoy) amid a broad-based improvement in activity, with the industrial and services sectors both growing at swifter rates. Data for Q3 points towards a sustained, yet slower recovery as the favorable base effect dissipates. Economic activity slowed through July and August, although it continued to expand at a robust rate. Meanwhile, although the private sector PMI tumbled in July amid a 42-day lockdown, it rebounded into expansionary territory in August and September as containment measures were relaxed and activity resumed. Moreover, selected restrictions were further eased on 23 September, with limits on social gatherings and certain businesses being softened. That said, the nationwide curfew remains in place, as logistical problems and vaccine hesitancy continue to drag on the rollout.
Uganda - Inflation Data
|Inflation Rate (CPI, annual variation in %)||5.4||5.5||5.6||2.6||2.9|
5 years of economic forecasts for more than 30 economic indicators.
Uganda Inflation Chart
Source: Uganda Bureau of Statistics
|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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