Core consumer prices in Uganda increased 3 percent in December of 2019 over the same month in the previous year. Core Inflation Rate in Uganda averaged 6.95 percent from 2006 until 2019, reaching an all time high of 22.70 percent in November of 2011 and a record low of 0.80 percent in June of 2018.
Core Inflation Rate in Uganda is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Uganda to stand at 3.40 in 12 months time. In the long-term, the Uganda Core Inflation Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.