Tag Archives: inflation

Kampala, Uganda | URN | Fuel prices continue to oscillate between 6,300 shilling (1.68 dollars) and 6,700 shillings per litre for both petrol and diesel, contributing most to the high average prices of goods and services in the second quarter of 2026. According to the Uganda Bureau of Statistics (UBOS), …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BoU) has kept interest rates high despite falling inflation and a strong shilling, citing uncertainty about future risks. The Central Bank Rate (CBR) has remained at 9.5 per cent since August 2023, defying expectations of a cut following improved economic …

SACRAMENTO, United States | Xinhua | U.S. families are facing deepening financial distress amid rising costs of living, with many forced to take on debt, skip meals or forgo medical care to make ends meet, recent surveys have shown. According to a survey released last week by the Century Foundation, …

Kampala, Uganda | THE INDEPENDENT | Uganda’s headline inflation for the 2024/25 financial year averaged 3.4%, reflecting moderate price growth amid continued pressure from food and core service costs. The Uganda Bureau of Statistics (UBOS) attributes the rise to persistent increases in food prices and a steady uptick in service-related …

ZAGREB | Xinhua |  If inflation is the fuel for recession, the tariffs imposed by U.S. President Donald Trump are the matches that will ignite it, Croatian economic analyst Petar Vuskovic said in an interview with the local N1 Television on Tuesday. “It is not a question of whether the …

Kampala, Uganda | THE INDEPENDENT | The effects of harsh weather conditions are not only causing discomfort for Ugandans but are also impacting the economy, with rising food prices contributing to inflationary pressures. The latest Consumer Price Index (CPI) report from the Uganda Bureau of Statistics (UBOS) shows that annual …

Kampala, Uganda | THE INDEPENDENT | The country’s inflationary landscape has seen a mixture of modest improvements and persistent challenges. According to the Uganda Bureau of Statistics (UBOS), the Annual Average Headline Inflation for 2024 was registered at 3.3 percent, a significant improvement from the 5.4% recorded in 2023. The drop …

KAMPALA, UGANDA | THE INDEPENDENT | Uganda is in a wait-and-see mode ahead of Donald Trump’s assumption of the US presidency next month. While Uganda’s trade with the US is minimal compared to global trade, the country has interests like worker’s remittances, and cash inflows in the form of development aid, …

Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank reduced its key lending rate by 25 basis points to 10.00% on August.07, saying inflation risks had eased somewhat and it was appropriate to reduce the degree of monetary policy restrictiveness. The decision by the Bank of Uganda comes despite a slight …

Politicians and activists who tout the importance of work-life balance shouldn’t impose rigidity on them COMMENT | TODD G. BUCHHOLZ | Gig-economy firms and workers – or “giggers” – are like magicians and alchemists, only their tricks are real. Although physicists assure us that new matter cannot be created, the gig …