Uganda inflation rate for 2023 was 5.35%, a 1.84% decline from 2022.
Uganda inflation rate for 2022 was 7.20%, a 4.99% increase from 2021.
Uganda inflation rate for 2021 was 2.20%, a 1.11% decline from 2020.
Uganda inflation rate for 2020 was 3.31%, a 0.45% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.