Tag Archives: inflation

Uganda’s annual headline inflation has increased to 5.4% from 5.1% registered in April 2016. The main driver for the Annual Headline inflation was the annual core inflation which registered at 7% in May as compared to 6.4% recorded last month. However the increase is as a result of a rise …

The International Monetary Fund (IMF) has hailed Uganda on infrastructure development as well as efforts to contain inflation amidst challenges of high exchange rates and fluctuating  prices. In its latest report “Recent development’s and prospects, Uganda’s Economic Buffers”, the IMF says Uganda is relatively high on growth, low on inflation,  …

Uganda’s inflation rate has dropped from 6.2 percent in March to 5.1 percent in April. Uganda Bureau of Statistics (UBOS) revealed that slowing price rises of food and energy have played a key role in the positive change in the headline inflation rates. (SEE FULL REPORT AT BOTTOM) Decreased fuel …

Bank of Uganda has reduced the Central bank Rate (CBR) to 16% to ease monetary policy for potential economic growth. BOU maintained the rediscount rate and bank rate at 20%and 21% respectively, the policy will also maintain the core inflation over the next quarters, so as to target 5% of the …

By Julius Businge Uganda’s annual headline inflation has dropped to 3.4% for the year ended February 2013 down from 4.9% a year earlier, the Uganda Bureau of Statistics announced on Feb. 28. The statistics body said the fall was attributed to reductions in food prices and other components of in …

By Patrick Kagenda So why is BoU celebrating? Even if we might not bring inflation down, we will keep it steady and predictable. That is the message Bank of Uganda appears determined to send out as it struggles to anchor economic expectations amid fears of the global economic meltdown hitting …