Inflation in Uruguay
Uruguay - Inflation
Inflation moderates in May
Consumer prices rose 0.4% from a month earlier in May, unchanged from April’s reading. A breakdown of the sub-components provided by the Statistical Institute showed that 8 out of 12 saw an increase in prices, led by higher prices for food and non-alcoholic beverages, and transport, which more than offset lower prices for household equipment and services.
Meanwhile, inflation fell from 8.2% in April to 7.7% in May. As a result, it moved closer to the Central Bank’s 3.0%–7.0% target range. Lastly, annual average inflation ticked up to a two-year high of 8.0% in May, from 7.9% in the previous month.
FocusEconomics panelists expect inflation to close 2019 at 7.5%, which is up 0.1 percentage points from last month’s projection. For 2020, panelists see inflation moderating and ending the year at 7.0%.
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 | 35.31 | 0.24 % | Jun 13 |
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Economic News
Uruguay: Inflation moderates in May
June 5, 2019
Consumer prices rose 0.4% from a month earlier in May, unchanged from April’s reading.
Uruguay: Industrial production slumps again in March
May 13, 2019
Industrial production fell 5.5% over the same month of the previous year in March, following a milder 2.5% year-on-year drop in February and marking the worst reading so far this year.
Uruguay: Inflation rises again in April
May 3, 2019
Consumer prices rose 0.4% from a month earlier in April, moderating from the 0.6% month-on-month increase recorded in March.
Uruguay: Industrial production contracts in February
April 11, 2019
Industrial production fell 2.5% over the same month of the previous year in February, contrasting a 1.3% year-on-year rise in January.
Uruguay: Inflation rises March
April 4, 2019
Consumer prices rose 0.6% from a month earlier in March, moderating from February’s 1.0% month-on-month increase.
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