Skyline at night in Uruguay

Inflation in Uruguay

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

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