Money in Uganda

Uganda Money | Economic News & Forecasts

Uganda - Money

Annual growth eased to a one-year low of 5.4% in the second quarter (Q1: +5.6% year-on-year), chiefly due to a slightly slower expansion in the services sector. On a more positive note, agricultural output growth jumped to a near two-year high in Q2, while marked accelerations in both mining and quarrying, and manufacturing production boosted the industrial sector’s performance, thus cushioning the overall moderation. Turning to the third quarter, growth momentum appears to have been broadly sustained. Business sentiment edged up, on average, in Q3, while the economic activity index strengthened slightly in August, following July’s slip. Furthermore, merchandise export growth picked up in July–August, largely thanks to surging coffee shipments. That said, the manufacturing PMI fell in August and September, signaling a likely downturn in the industrial sector.

Uganda - Money Data

2013  2014  2015  2016  2017  
Money (annual variation in %)9.0  14.8  5.6  13.5  15.4  

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Uganda Money Chart

Uganda Money
Note: Money, annual variation of M2 in %.
Source: Bank of Uganda

Uganda Facts

Bond Yield14.301.02 %Sep 04
Exchange Rate3,6800.17 %Sep 04
Stock Market0.30.0 %Sep 04

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