Inflation in Uruguay
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
|Inflation Rate (CPI, annual variation in %)||8.6||8.9||8.7||9.6||6.2|
5 years of economic forecasts for more than 30 economic indicators.
Uruguay Inflation Chart
Source: Central Bank of Uruguay and Met the why particular calculations.
|Exchange Rate||32.55||0.24 %||Jan 30|
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April 11, 2019
Industrial production fell 2.5% over the same month of the previous year in February, contrasting a 1.3% year-on-year rise in January.
April 4, 2019
Consumer prices rose 0.6% from a month earlier in March, moderating from February’s 1.0% month-on-month increase.
April 2, 2019
At its 2 April monetary policy meeting, the Central Bank of Uruguay set its target for the growth rate of the M1+ money supply for the second quarter of 2019 to 8.0%–11.0%, up from the previous quarter’s 6.0%–8.0% target.
March 28, 2019
According to detailed national accounts data released by the Central Bank of Uruguay (BCU) on 28 March, growth lost traction in the final quarter of last year, confirming analysts’ expectations.
March 14, 2019
Industrial production rose 1.3% year-on-year in January, swinging from a sharp 8.8% slump recorded in December.