Inflation
What the Bank of Uganda’s rise to 12 per cent means for the shilling, fuel and loans
How the Bank of Uganda's increase in its policy rate to 12 per cent could affect the shilling, pump prices, and existing loans and savings
Bank of Uganda raises benchmark rate to 12 per cent at special meeting
Uganda’s central bank lifted its rate to 12 per cent, the largest increase since 2011, and raised its inflation forecasts as the shilling weakened
Shilling breaches Shs4,000 with reserves nearly double their 2024 level
Uganda's reserves are 86.6 per cent above their February 2024 level, yet the central bank says it plans no dollar sales as the shilling weakens
Food and fuel push Uganda’s inflation to its highest since 2023
Annual inflation rose to 4.6 per cent from 4.1 per cent as matooke rose 16 per cent in a month and petrol and diesel stayed 30.9 and 42.5 per cent above last year
Fuel prices push inflation higher in May
Headline inflation edged up in May as energy and transport costs climbed sharply amid higher global oil prices
Bank of Uganda’s Monetary Policy Statement for May 2026 — Full text
Monetary Policy Committee keeps rates on hold for a seventh consecutive meeting but raises its inflation outlook as fuel costs begin feeding through
Rising energy prices push inflation higher in April
Inflation rose to 3% in April as fuel and transport costs increased, highlighting growing energy-driven price pressures
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
Inflation eases as education costs moderate
Annual inflation fell to 2.9% in February from 3.2% as education and service cost pressures easedMore Inflation
Inflation drops further in January
Annual headline inflation dropped further in the first month of 2018, coming in at 3.0%, the Uganda Bureau of Statistics said on Wednesday
Uganda inflation at lowest since February 2015
Uganda's key inflation rate continued dropping, falling to its lowest in 34 months in December, driven down by decreases in food prices
Central Bank maintains policy rate while admitting easing cycle has had little effect on loan prices
Bank of Uganda has maintained its lowest ever policy rate, citing a projected rise in core inflation, uneven economic growth, and stickily high prices of credit
Uganda inflation falls to 32-month low
A slowdown in the rise of food prices was responsible for the drop in the increase of Uganda consumer prices in November to their lowest level since March 2015, according to figures from the statistics bureau
Uganda consumer prices rose 4.8% in October
Uganda consumer prices rose in October by the least in eleven months, as a slowdown in education fees brought down services inflation
Uganda’s central bank cuts benchmark rate to 9.5%
Bank of Uganda said on Tuesday that economic activity is picking up and stressed the importance of private sector credit growth as it announced a cut in its policy rate to its lowest level ever
Inflation inches up on higher Kampala parking fees
The recent increase in Kampala parking rates lifted Uganda's inflation in September, according to data released by the Uganda Bureau of Statistics on Friday
Food prices help slow consumer inflation in August
Uganda’s annual inflation fell to its lowest level in nine months in August as a slowdown in the increase of food prices brought down the headline rate
Bank of Uganda puts brakes on monetary easing as economy improves
Before Friday's decision, the Bank of Uganda had reduced its policy lending rate in each of its past eight meetings going back to April 2016
Uganda inflation falls for second straight month
The Uganda Bureau of Statistics attributes the drop in July's Annual Headline Inflation to a decline in the prices of food crops
