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Economy
Food prices drive rise in headline inflation in November
Inflation for the year ended November 2016 rose to 4.6% from 4.1% the previous month, the first increase since July, while core inflation - a key measure targeted by the Bank of Uganda - rose for the second consecutive month to 5.2%.
November 30, 2016
Economy
Inflation slows to 4.1% in October
Annual headline inflation slowed to 4.1% for the year ended October 2016 from 4.2% in September, according to data from the Uganda Bureau of Statistics. Core inflation however rose to 5.1% year-on-year from 4.1% (revised) in September.
October 31, 2016
Economy
Bank of Uganda lowers key lending rate to 13%
Bank of Uganda has cut its benchmark lending rate by 100 basis points to 13%, saying its forecast of core inflation will remain around the medium-term target of 5% over the next 12 months and citing the need to support domestic economic growth.
October 18, 2016
Data
Economy
Inflation falls to 4.2% in September
Annual headline inflation fell for the third consecutive month, slowing to 4.2% in September 2016 from 4.8% in August, according to data from the Uganda Bureau of Statistics. Core inflation, which is targeted by the Central Bank, also fell to 4.1%.
September 30, 2016
Economy
Inflation falls to lowest level in 16 months
Annual headline inflation fell to its lowest level in 16 months, coming in at 4.8% for August, data from the Uganda Bureau of Statistics showed on Wednesday
September 1, 2016
Economy
Interest rate cut likely after July drop in inflation
Inflation fell to 5.1% year-on-year in July from 5.9% in June according to data from the Uganda Bureau of Statistics, setting the stage for a third consecutive rate cut when Bank of Uganda's Monetary Policy Committee meets in mid-August.
July 29, 2016
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