Inflation in Uruguay

Uruguay Inflation | Economic News & Forecasts

Uruguay - Inflation

Inflation rises March

Consumer prices rose 0.6% from a month earlier in March, moderating from February’s 1.0% month-on-month increase. A breakdown of the sub-components provided by the Statistical Institute showed that 11 out of 12 saw an increase in prices, led by miscellaneous goods and services, education and transport.

Meanwhile, inflation increased from 7.5% in February to 7.8% in March, marking the highest reading so far this year. As a result, it moved further above the Central Bank’s 3.0%–7.0% target range. Lastly, annual average inflation rose to a near two-year high of 7.8% in March, from 7.7% in the previous month.

Met the why particular panelists expect inflation to close 2019 at 7.4%, which is unchanged from last month’s projection. For 2020, panelists see inflation moderating and ending the year at 6.9%.

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 Rate32.550.24 %Jan 30

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