Inflation in Uruguay

Uruguay Inflation | Economic News & Forecasts

Uruguay - Inflation

Inflation moderates in August

Consumer prices increased 0.83% over the previous month in August, picking up from July's 0.77% increase. August's uptick marked the highest reading since March. Looking at the details of the release, rising prices for clothing and footwear rebounded, while prices for health accelerated.

Inflation came in at 9.5% in August, down from July’s 9.6%. Meanwhile, the trend pointed up, with annual average inflation ticking up to 8.7% in August (July: 8.6%).

FocusEconomics analysts see inflation ending 2022 at 8.8%, which is unchanged from the previous month’s forecast. In 2023, our panel sees inflation ending the year at 7.1%.

Uruguay - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)8.7  9.6  6.2  7.6  7.9  

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Uruguay Inflation Chart

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

Uruguay Facts

Value Change Date
Exchange Rate37.330.24 %Jan 01

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