Inflation in Uruguay
Uruguay - Inflation
Inflation ticks up in February
Consumer prices rose 1.0% from a month earlier in February, moderating from January’s 2.2% month-on-month increase. A breakdown of the sub-components provided by the Statistical Institute showed that 9 out of 12 saw an increase in prices, led by food and non-alcoholic beverages, and education.
Meanwhile, inflation ticked up from an eight-month low of 7.4% in January to 7.5% in February. As a result, it remained above the Central Bank’s 3.0%–7.0% target. Lastly, annual average inflation remained stable at the previous month’s 7.7% in February.
FocusEconomics panelists expect inflation to close 2019 at 7.5%, which is unchanged 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 | 33.23 | 0.24 % | Mar 20 |
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Economic News
Uruguay: Industrial output rebounds in January
March 14, 2019
Industrial production rose 1.3% year-on-year in January, swinging from a sharp 8.8% slump recorded in December.
Uruguay: Inflation ticks up in February
March 4, 2019
Consumer prices rose 1.0% from a month earlier in February, moderating from January’s 2.2% month-on-month increase.
Uruguay: Industrial output swings to contraction in December
February 11, 2019
Industrial production contracted 8.8% on an annual basis in December, compared to a modest 1.7% increase recorded in November.
Uruguay: Inflation falls in January
February 5, 2019
Consumer prices rose 2.2% from a month earlier in January, compared to December’s 0.4% month-on-month drop and marking the highest reading in 12 months.
Uruguay: Industrial output growth runs out of steam in November
January 11, 2019
Industrial production decelerated on an annual basis in November, increasing 1.7% when accounting for refinery output, down markedly from a 19.5% jump recorded in October.
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