Inflation in Uruguay
Uruguay - Inflation (end of period)
Inflation rises again in April
Consumer prices rose 0.4% from a month earlier in April, moderating from the 0.6% month-on-month increase recorded in March. 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 furnishings, household equipment and services, and transport, which more than offset lower prices for food and non-alcoholic beverages.
Meanwhile, inflation increased from 7.8% in March to 8.2% in April, marking the highest reading since September 2018. As a result, it moved further above the Central Bank’s 3.0%–7.0% target range. Lastly, annual average inflation ticked up to a near two-year high of 7.9% in April, from 7.8% 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 (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||8.5||8.3||9.4||8.1||6.6|
5 years of economic forecasts for more than 30 economic indicators.
Uruguay Inflation (eop) Chart
Source: Central Bank of Uruguay and Met the why particular calculations.
|Exchange Rate||35.14||0.24 %||May 13|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
May 13, 2019
Industrial production fell 5.5% over the same month of the previous year in March, following a milder 2.5% year-on-year drop in February and marking the worst reading so far this year.
May 3, 2019
Consumer prices rose 0.4% from a month earlier in April, moderating from the 0.6% month-on-month increase recorded in March.
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.