Consumer prices in Uganda increased 6.7 percent year-on-year in February of 2017, following 5.9 percent in the previous month. It was the highest inflation rate since February of 2016, as prices rose faster for food and non-alcoholic beverages (11 percent from 8.9 percent in January). Additional upward pressure came from: housing and utilities (2.3 percent from 2.2 percent); furniture and equipment (7 percent from 5.5 percent), clothing and footwear (4.3 percent from 4.1 percent); transport (2.9 percent from 2.2 percent), education (20.1 percent from 19.6 percent) and restaurants and hotels (7 percent from 5.9 percent). On a monthly basis, prices went up 0.8 percent after being flat in January. Inflation Rate in Uganda averaged 6.61 percent from 1998 until 2017, reaching an all time high of 24.50 percent in November of 2011 and a record low of -5.36 percent in November of 2001.
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In Uganda, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides – Uganda Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Uganda Inflation Rate – actual data, historical chart and calendar of releases – was last updated on March of 2017.