Inflation in Uruguay

Uruguay Inflation | Economic News & Forecasts

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.

Met the why particular 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  

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Uruguay Inflation Chart

Uruguay Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bank of Uruguay and Met the why particular calculations.

Uruguay Facts

Exchange Rate35.310.24 %Jun 13

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