Inflation
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 eased
Bank of Uganda’s Monetary Policy Statement for February 2026: the full text
The Bank of Uganda maintains its 9.75% rate, balancing subdued inflation against global uncertainty and a positive output gap
Bank of Uganda keeps rates on hold as inflation stays tame and growth holds firm
The Bank of Uganda maintains its 9.75% rate, balancing subdued inflation against global uncertainty and a positive output gap
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 DecemberMore Inflation
Inflation slows in January as transport costs drop
Declines in transport costs, resulting from the relaxation of Covid-19 lockdown measures, and the prices of alcohol, tobacco, and narcotics led to a fall in Uganda's inflation in January
Consumer prices rise at fastest pace in eight months
Uganda's inflation rose to an eight-month high in November, largely due to price increases for food crops and the operation of personal transport equipment
Central bank keeps rate unchanged, flags volatile economic and financial conditions
The Bank of Uganda kept its key policy rate unchanged to provide more economic stimulus amidst volatile demand, sluggish private sector borrowing, and the effects of coronavirus restrictions to key sectors
Consumer prices drop in April on lower food, energy costs
Uganda's inflation slowed in April, ending a three-month spell of rising prices, as costs of food, gas, and other fuels fell
Core consumer inflation slows to nine month low
Stronger vegetable prices helped push Uganda's consumer price inflation in March to its highest level in five months, while core consumer prices moderated as transport inflation slowed
Core and overall consumer prices gain modestly in February
Inflation in Uganda rose for the third time in as many months, pushed up by a slower decline in food prices, according to data from the Bureau of Statistics
Rise in consumer prices moderates in May
The pace of the rise in Uganda's consumer prices moderated in May, reflecting a year on year decline in the prices of food crops and related items
Consumer inflation rises moderately in April as prices of food staples increase
Uganda consumer prices rose moderately in April due to an increase in the prices of food staples, as measures implemented to check the spread of the coronavirus disrupted supply chains and drove up demand
Core inflation slips to 6-month low in March
Consumer prices rose at a more modest pace in March compared to February as core inflation slowed to its weakest pace in six months, according to figures from the Uganda Bureau of Statistics
Consumer prices unchanged in February
Uganda consumer price inflation held steady in February as core consumer prices stayed flat, suggesting inflationary pressures remain muted and in line with the Bank of Uganda's most recent assessment