Uruguay Inflation
Inflation drops to lowest level since November 2005 in July
Inflation came in at 4.8% in July, down from June’s 6.0%. July’s figure marked the lowest inflation rate since November 2005. Looking at the details of the release, prices for food and non-alcoholic beverages rose at a slower rate in July. Moreover, prices for clothing and footwear dropped after growing in the previous month.
Meanwhile, annual average inflation fell to 7.8% in July (June: 8.2%).
Finally, consumer prices dropped 0.36% in July over the previous month, after the 0.46% fall logged in June.
Uruguay Inflation Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Uruguay from 2013 to 2022.
Uruguay Inflation Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 7.6 | 7.9 | 9.8 | 7.7 | 9.1 |
| Inflation (CPI, ann. var. %, eop) | 8.0 | 8.8 | 9.4 | 8.0 | 8.3 |
| Inflation (PPI, ann. var. %, aop) | 9.7 | 12.8 | 10.5 | 14.4 | 12.4 |