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Uganda Inflation Rate

Uganda's inflation rate reached 4% in September 2025, up from 3.8% in August 2025. This marks the highest rate since July 2024. While food crop prices have decreased due to better harvests, core inflation has seen moderate increases. Core inflation was 3.5% in July 2025, a rise from 3.3%. The Bank of Uganda expects inflation to stay within its target range, supported by a stable exchange rate and sound monetary policy. Uganda's record low inflation rate was 1.6% in May 2018 and record high was 10.7% in October 2022.

Monthly Historical Data (2015-2025)

(in %)
Month Inflation Rate
Sep 2025 4%
Aug 2025 3.8%
Jul 2025 3.8%
Jun 2025 3.9%
May 2025 3.8%
Apr 2025 3.5%
Mar 2025 3.4%
Feb 2025 3.7%
Jan 2025 3.6%
Dec 2024 3.3%
Nov 2024 2.9%
Oct 2024 2.9%
Sep 2024 3%
Aug 2024 3.5%
Jul 2024 4%
Jun 2024 3.9%
May 2024 3.6%
Apr 2024 3.2%
Mar 2024 3.3%
Feb 2024 3.4%
Jan 2024 2.8%
Dec 2023 2.6%
Nov 2023 2.6%
Oct 2023 2.4%
Sep 2023 2.7%
Aug 2023 3.5%
Jul 2023 3.9%
Jun 2023 4.9%
May 2023 6.2%
Apr 2023 8%
Mar 2023 9%
Feb 2023 9.2%
Jan 2023 10.4%
Dec 2022 10.2%
Nov 2022 10.6%
Oct 2022 10.7%
Sep 2022 10%
Aug 2022 9%
Jul 2022 7.9%
Jun 2022 6.8%
May 2022 6.3%
Apr 2022 4.9%
Mar 2022 3.7%
Feb 2022 3.2%
Jan 2022 2.7%
Dec 2021 2.9%
Nov 2021 2.6%
Oct 2021 1.9%
Sep 2021 2.2%
Aug 2021 1.9%
Jul 2021 2.1%
Jun 2021 2%
May 2021 1.9%
Apr 2021 2.1%
Mar 2021 2.7%
Feb 2021 2.3%
Jan 2021 2%
Dec 2020 2.5%
Nov 2020 2.5%
Oct 2020 3%
Sep 2020 2.7%
Aug 2020 3%
Jul 2020 3.2%
Jun 2020 3.4%
May 2020 2.7%
Apr 2020 2.6%
Mar 2020 2%
Feb 2020 3%
Jan 2020 2.6%
Dec 2019 2.4%
Nov 2019 2%
Oct 2019 2%
Sep 2019 1.8%
Aug 2019 1.9%
Jul 2019 1.8%
Jun 2019 2.2%
May 2019 2.1%
Apr 2019 2.4%
Mar 2019 2.6%
Feb 2019 2.1%
Jan 2019 2.6%
Dec 2018 2.3%
Nov 2018 2.7%
Oct 2018 2.8%
Sep 2018 3.2%
Aug 2018 3.2%
Jul 2018 3.1%
Jun 2018 2.1%
May 2018 1.6%
Apr 2018 1.8%
Mar 2018 2%
Feb 2018 2.1%
Jan 2018 3%
Dec 2017 3.3%
Nov 2017 4%
Oct 2017 4.8%
Sep 2017 5.3%
Aug 2017 5.3%
Jul 2017 5.6%
Jun 2017 6.3%
May 2017 7.3%
Apr 2017 6.8%
Mar 2017 6.4%
Feb 2017 6.7%
Jan 2017 5.9%
Dec 2016 5.7%
Nov 2016 4.6%
Oct 2016 4.2%
Sep 2016 4.3%
Aug 2016 4.9%
Jul 2016 5.2%
Jun 2016 5.9%
May 2016 5.3%
Apr 2016 5.1%
Mar 2016 6.3%
Feb 2016 7%
Jan 2016 7.4%
Dec 2015 8.4%
Nov 2015 8%
Oct 2015 7.6%
Sep 2015 6.6%
Aug 2015 5.6%

Recent Events

datetime event actual previous consensus
2025-09-30 04:30 AM Inflation Rate YoY (Sep) 4% 3.8% -
2025-08-29 04:30 AM Inflation Rate YoY (Aug) 3.8% 3.8% -

Next Release Date :

Uganda Inflation Rate : Definition
Uganda's inflation rate measures the year-over-year percentage change in the Consumer Price Index (CPI), released by the Uganda Bureau of Statistics. The CPI basket is weighted toward food and non-alcoholic beverages, housing, transport, and clothing.
Indicator Last Value Prior Value Period
Annual Inflation Rate 3.32% 5.35% 2024
Core Inflation Rate 4% 4.1% Sep'25
Inflation Rate MoM 0.5% 0.2% Sep'25
Producer Price Index (PPI) 0.9% 1.2% Aug'25