Uruguay Inflation Rises to 4.68% in 12 Months to September
1 report, 1 independent
Updated Oct 6
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What happened
The national statistics office, INE, reported that inflation in Uruguay rose to 4.68% in the twelve months leading up to September. Prices increased by 0.54% in the month alone, driven primarily by food and non-alcoholic drinks, which saw an increase of 1.73% in September. Specific food price increases included tomatoes up 48.86% and onions up 25.45%.
From riotimesonline.com
Why it matters
The reported inflation rate remains within the official target range of 3% to 6%. The increase in food prices, including vegetables up 5.27%, suggests continued inflationary pressure on the consumer market.
From riotimesonline.com
Who's involved
- UruguayCountry where the consumer price index is monitored and published.
- Instituto Nacional de EstadísticaGovernment agency responsible for compiling and publishing national economic statistics.
Keep exploring
The entities involved
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Uruguay
country in South America
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Instituto Nacional de Estadística
Guatemala's principal government institution in charge of statistics and census data
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