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 inches up in June
The annual inflation rate inched up in June due to an increase in energy, fuel, and utilities prices and the prices of food crops and related items, the Uganda Bureau of Statistics said on Friday
Inflation to rise on higher import prices and increased taxes, BoU says
Bank of Uganda has kept it's policy rate unchanged, pointing to a continued improvement in economic activity and a projected increase in inflation in the next 12 months
Inflation drops further in April, due to lower fruit and sugar prices
Headline inflation rate dropped further in April to 1.8% from the 2.0% recorded for the year ended March 2018. Drop was largely attributed to the deceleration in annual food crop inflation.
BoU keeps policy rate steady on low inflation and robust growth
The central bank maintained its policy rate at the same level as February 2018, saying its line with its goals of supporting economic growth and keeping inflation within target levels
Consumer prices drop further in February
Inflation in Uganda slowed further in February to a 38-month low, driven by a decline in core inflation, the Uganda Bureau of Statistics said on Wednesday
How the Bank of Uganda conducts monetary policy
The overall objective of Bank of Uganda’s monetary policy is to achieve low and stable inflation, defined by a medium-term target of 5% of core inflation. The secondary objective is to support economic growth
Bank of Uganda cuts key rate on private sector credit growth concerns
Bank of Uganda found more room to cut its benchmark rate on concerns about sluggish private sector credit growth and the cost of loans
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
