The consumer price index of goods and services costs ticked up in June, led by a jump in the prices of food crops and related items, the Uganda Bureau of Statistics said on Monday.
Consumer prices rose 3.9 per cent in the 12 months through June, the fastest pace in eleven months. That marked another modest uptick in the inflation rate, which came in at 3.8 per cent in May and 3.5 per cent for April.
On a core basis, with the volatile prices of food and energy excluded, inflation held steady at 4.2 per cent. Services inflation was unchanged at 4.7 per cent, while inflation of other goods rose 3.7 per cent, down from 3.8 per cent in the 12 months to May.
Annual food crops and related items inflation rose to 4.7 per cent, accelerating from 4.3 per cent in May. Ubos attributed this to increases in the prices of dry beans, matooke, passion fruit, and Irish potatoes.
Energy, fuel and utilities prices fell 0.2 per cent, up from a 0.9 per cent decrease in May. This followed an increase in charcoal prices and a slowdown in the decline of petrol, diesel, and liquefied gas prices.
Monthly inflation slowed, with the CPI rising 0.1 per cent in June from May, and core CPI up 0.3 per cent. In May, monthly inflation came in at 0.5 per cent, while core inflation rose 0.5 per cent.
