Inflation Uganda 2014

Average inflation: 3.1%

Current Inflation

Inflation is high at 3.1%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 5.3%. The lowest inflation was in October at 1.5%.

Highest month
January: 5.3%
Lowest month
October: 1.5%
Difference
3.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 9.9%. The lowest price increase was in Energy with an average of 2.8%.

Highest increase
Core inflation: 9.9%
Lowest increase
Energy: 2.8%

Historical Context

Current inflation is 6.3% lower than the 5-year average of 9.4%. This approaches the lowest level since records began (3.1% in 2014).

5-year average
9.4%
10-year average
9.4%
All-time high (2011)
16.5%
All-time low (2014)
3.1%

Trend

Inflation shows a downward trend. Compared to 2013, inflation has fallen by +1.8 percentage point.

Change vs. previous year
-1.8 percentage points
Largest monthly swing
September: -5.8 percentage points

ECB Target

Inflation is 1.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Energy
2.8%
-0.3vs avg.
More details →
Core inflation
9.9%
+6.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2013
January 5.3% +1.8
February 4.8% +2.8
March 5.2% +2.3
April 4.3% +1.3
May 3.5% -0.4
June 2.6% -2.7
July 2.5% -3.5
August 2.0% -4.9
September 1.6% -5.8
October 1.5% -5.2
November 2.0% -3.8
December 2.1% -3.4
Average 3.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also