Core inflation

Economy

Inflation dips despite fastest rise in fuel costs in over a year

Uganda’s March inflation eased to 2.8% as core and food prices offset a sharp rise in energy costs
A fuel station in Kibuye, Kampala
Economy

Inflation eases as education costs moderate

Annual inflation fell to 2.9% in February from 3.2% as education and service cost pressures eased
An instructor and students at the International School of Uganda engage with 3D printing technology and laptops in a modern design laboratory in Kampala.
Economy

Inflation inches up to 3.2% on higher transport and service costs

January inflation rose to 3.2% as service costs jumped, offsetting easing food price pressures from December
Increasing piles of coins with a red arrow on a square patterned background.
Economy

Inflation holds steady at 3.1% as food prices climb

December's inflation held at 3.1% as rising vegetable and energy costs offset easing core price growth
Organised supermarket shelves displaying a variety of fresh vegetables including green peppers, cabbages, pumpkins, greens, and brassicas.
Economy

Inflation falls for second consecutive month to 3.1%

Inflation slowed to 3.1 per cent in November, reflecting a cooldown in the prices of food items and crops, according to figures from the Uganda Bureau of Statistics
Statistics House in Kampala, headquarters of the Uganda Bureau of Statistics
Economy

Core CPI rises at slowest pace in 19 months

Core consumer prices, which exclude volatile food and energy costs, rose 3.4 per cent in October from a year earlier—the slowest pace since April 2024
The general grocery section of a supermarket
Economy

Inflation ticks up, but underlying prices are muted

Inflation picked up pace in September, rising to its highest level in 14 months, driven by a surge in food crop and related item prices
Vegetables and fruit on a stall at Mercat de la Boqueria, Barcelona.
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
An agricultural market in downtown Kampala
Economy

Consumer prices jump, closing door on interest rate cuts

Consumer prices rose in January on higher transport and other service costs, pushing up the core inflation gauge preferred by policymakers
Statistics House in Kampala, headquarters of the Uganda Bureau of Statistics
Economy

Inflation flat in December, but core rate up for first time since February

Inflation was flat in December, although core prices, which are more closely monitored by policymakers, accelerated for the first time since February
A passenger bus terminal in the centre of Kampala. The terminal accommodates buses that carry passengers on long journeys, mostly to western Uganda. It is one of several bus terminals, with most terminals attracting buses travelling to a particular region.
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