Inflation in Uruguay

Uruguay Inflation | Economic News & Forecasts

Uruguay - Inflation

Inflation edges down in September

Consumer prices rose 0.5% from a month earlier in September, moderating from August’s 0.9% increase. A breakdown of the sub-components provided by the Statistical Institute showed that all 12 sub-components saw an increase in prices, led by higher prices for transport, food and non-alcoholic beverages, and health.

Meanwhile, inflation remained stable at August’s 7.6% in September. As a result, inflation remained firmly above the upper bound of the Central Bank’s 3.0%–7.0% target range. In turn, annual average inflation ticked down from 7.8% in August to 7.7% in September.

FocusEconomics panelists expect inflation to close 2019 at 7.9%, which is up 0.1 percentage points from last month’s projection. For 2020, panelists see inflation moderating and ending the year at 7.4%, which is up 0.2 percentage points from last month’s forecast.

Uruguay - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)8.6  8.9  8.7  9.6  6.2  

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Uruguay Inflation Chart

Uruguay Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bank of Uruguay and FocusEconomics calculations.

Uruguay Facts

Exchange Rate36.720.24 %Sep 04

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