Inflation in Uruguay
Uruguay - Inflation (end of period)
Inflation rises in October
Consumer prices increased 1.04% over the previous month in October, which was higher than September's 0.46% rise. October's result marked the strongest rise in prices since January. The acceleration was primarily driven by stronger growth in prices for clothing and footwear, and food and non-alcoholic beverages.
Inflation came in at 7.9% in October, up from September’s 7.4%. Accordingly, the trend pointed down, with annual average inflation coming in at 8.0% in October (September: 8.1%).
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 (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||9.4||8.1||6.6||8.0||8.8|
5 years of economic forecasts for more than 30 economic indicators.
Uruguay Inflation (eop) Chart
Source: Central Bank of Uruguay and FocusEconomics calculations.
|Exchange Rate||37.33||0.24 %||Jan 01|
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November 5, 2021
Consumer prices increased 1.04% over the previous month in October, which was higher than September's 0.46% rise.
October 13, 2021
Industrial output expanded 14.0% compared to the same month a year earlier in August, which followed July's 18.7% increase.
August 11, 2021
Industrial manufacturing output grew 19.8% in year-on-year terms in June, which was down from May's 22.9% increase.
August 11, 2021
At its 11 August meeting, the Monetary Policy Committee of the Central Bank of Uruguay decided to raise the monetary policy rate by 50 basis points to 5.00%.
August 4, 2021
Consumer prices rose 0.52% from the previous month in July, moderating from June's 0.67% increase.