Inflation in Uruguay
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 |
Uruguay Inflation Chart
Source: Central Bank of Uruguay and FocusEconomics calculations.
Uruguay Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 36.72 | 0.24 % | Sep 04 |
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