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Economy
Business activity rebounds after March decline
Business activity picked up in April after a month of falls in output and new orders, as demand firmed, a closely watched survey showed Monday
May 6, 2024
Economy
Rising core inflation highlights persistent price pressures
Core inflation rose last month, bolstering the central bank's recent contractionary policy in the face of what it says are “strong inflationary pressures”
April 30, 2024
Economy
Opinion
The liquidity crisis in developing countries is not over
External debt ratios of low-income and lower-middle-income countries are lower than before, but liquidity pressures have increased due to various shifts in the global economy
April 16, 2024
Economy
Bank of Uganda raises rates to highest levels in nearly 7 years, nods to strong inflation pressures
The Bank of Uganda raised interest rates for the second time in as many months on Monday, citing the risk of increased inflationary pressures due to a weak shilling
April 8, 2024
Economy
Business activity slows in March
Activity in Uganda's economy contracted for the first time in 20 months in March, according to an official survey, as a drop in money supply suppressed consumer demand
April 4, 2024
Economy
Inflation eases slightly in March
Consumer prices eased in March as prices of food and related items fell and energy inflation moderated, the Uganda Bureau of Statistics said Thursday
March 28, 2024
Economy
Coffee exports fall at steepest pace since December 2022
Coffee exports fell by the most in fourteen months in February, but higher global prices led to higher earnings
March 14, 2024
Commodities
Economy
Goods trade gap falls to near three-year low
Uganda's merchandise trade deficit with the rest of the world fell to its lowest level in 35 months in January, helped by a sharp drop in imports of non-petroleum mineral products
March 11, 2024
Economy
Bank of Uganda’s Monetary Policy Statement for March 2024 — Full text
On 6 March 2024, a special meeting of the Bank of Uganda's Monetary Policy Committee increased the Central Bank Rate to 10 per cent
March 8, 2024
Economy
Interest rates raised by 0.5% to stem shilling’s slide
The central bank raised its key interest rate at an emergency meeting to stem a “sharp depreciation” of the shilling caused by offshore investor outflows and in the wake of resurgent inflation
March 6, 2024
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