Uganda’s Inflation Landscape: Modest Improvements Amid Persistent Challenges

Uganda’s Inflation Landscape: Modest Improvements Amid Persistent Challenges

Uganda’s inflationary outlook for 2024 reveals a mixture of modest improvements and persistent economic challenges, according to the latest data from the Uganda Bureau of Statistics (UBOS). The Annual Average Headline Inflation for the year was recorded at 3.3 percent, a notable improvement from the 5.4 percent inflation rate reported in 2023. This decline signals a positive shift in Uganda’s economic stability, driven by factors such as price s…

Average 2024 inflation registered at 3.3%

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 reflects a combination of price stability in several key sectors and a deceleration in core inflationary pres…

Uganda Registers Average Of 3.3% Inflation In 2024 » Business Focus

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 reflects a combination of price stability in several key sectors and a deceleration in core inflationary pressures, driven by reduced costs in en…