Charcoal hikes September inflation by 0.2%
Uganda experienced a notable increase in inflation in September 2024, as headline inflation rate soared by 0.2%, consistent with the previous month.
Topic
Inflation
IMF cautions Ugandan banks over treasury bonds
In a new report, the International Monetary Fund (IMF) has warned commercial banks against overreliance on Government securities saying it raises serious financial…
UBOS reports rise in August inflation
The Uganda Bureau of Statistics (UBOS) has released the Consumer Price Indices and Inflation report for August 2024, highlighting a slight increase in monthly inflation…
Optimism as Central Bank cuts key rate to 10%
The Bank of Uganda (BoU) has slashed the Central Bank Rate (CBR) by 25 basis points to 10%, a development that experts say would have significant implications for the…
Inflation hits highest level in 12 months
High cabbage, fish and Irish potatoes prices were the primary drivers of the 4% annual inflation in July, the Uganda Bureau of Statistics (UBOS) has indicated as per the…
IMF projects modest global growth amid persistent inflation
The International Monetary Fund (IMF) has projected modest global economic growth over the next two years, driven by various regional dynamics, but cautioned about…
BoU maintains CBR at 10.25% as inflationary pressures persist
Bank of Uganda has kept its key rate unchanged at 10.25% in June unlike in the previous month when it was raised from 10%, which was prompted by rising inflation and…
Tomatoes, vegetables push inflation to 3.6%
The escalating prices of tomatoes and fresh vegetables have been the primary drivers behind the rise in headline inflation rate in May.
Mukene, fuel top April inflation drivers
The rising prices of fish and fuel were the main drivers of annual inflation as measured by the Consumer Price Index in April, according to the Uganda Bureau of…
Inflation: Bank of Uganda raises CBR again
For the second month in a row, the Bank of Uganda has raised its key rate, the central bank rate (CBR) in a bold move to combat inflation.
Financial Markets: Uganda Top In EAC
Uganda has once again asserted its dominance in the East African financial landscape, with the latest Absa Africa Financial Markets Index, highlighting the country’s…