Inflation in Uruguay

Uruguay Inflation | Economic News & Forecasts

Uruguay - Inflation

Inflation holds steady in July

Consumer prices rose 0.52% from the previous month in July, moderating from June's 0.67% increase. Looking at the details of the release, the result was driven by moderating price pressures for food and non-alcoholic beverages and easing price pressures for housing. In addition, prices for transportation grew at a more subdued pace.

Inflation came in at 7.3% in July, unchanged from June’s result. Meanwhile, the trend pointed down, with annual average inflation felling to 8.5% in July (June: 8.8%).

Panelists participating in this month’s LatinFocus Consensus Forecast project inflation to end 2021 at 7.2%, which is unchanged from last month’s forecast, and 2022 at 6.7%.

Uruguay - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)8.7  9.6  6.2  7.6  7.9  

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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

Value Change Date
Exchange Rate37.330.24 %Jan 01

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