Inflation Uganda 2012
Average inflation: 13.2%
Inflation in 2012
Inflation is very high at 13.2%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 24.3%. The lowest inflation was in December at 4.3%.
- Highest month
- February: 24.3%
- Lowest month
- December: 4.3%
- Difference
- 20.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 21.8%. The lowest price increase was in Core inflation with an average of 3.4%.
- Highest increase
- Energy: 21.8%
- Lowest increase
- Core inflation: 3.4%
Historical Context
Inflation is 1.7 percentage points lower than the 5-year average of 14.8%. This approaches the lowest level since records began (13.2% in 2012).
- 5-year average
- 14.8%
- 10-year average
- 14.8%
- All-time high (2011)
- 16.5%
- All-time low (2012)
- 13.2%
Trend
Over the period 2011-2012, inflation shows a downward trend. Compared to 2011, inflation has fallen by 3.3 percentage points.
- Change vs. previous year
- -3.3 percentage points
- Largest monthly swing
- October: -21.8 percentage points
ECB Target
Inflation is 11.2 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for UGX 100 this year will cost approximately UGX 113 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 22.8% | +17.4 |
| February | 24.3% | +17.9 |
| March | 21.0% | +11.6 |
| April | 19.0% | +7.5 |
| May | 17.9% | +4.9 |
| June | 14.8% | +0.4 |
| July | 10.3% | -9.1 |
| August | 9.8% | -9.8 |
| September | 4.9% | -19.5 |
| October | 4.5% | -21.8 |
| November | 4.5% | -20.4 |
| December | 4.3% | -19.4 |
| Average | 13.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.