Inflation Uganda 2018
Average inflation: 2.6%
Current Inflation
Inflation is normal at 2.6%, around the ECB target.
Peak and Trough
The highest inflation was in August at 3.8%. The lowest inflation was in May at 1.7%.
- Highest month
- August: 3.8%
- Lowest month
- May: 1.7%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 9.1%. The lowest price increase was in Food with an average of -1.4%.
- Highest increase
- Core inflation: 9.1%
- Lowest increase
- Food: -1.4%
Historical Context
Current inflation is 1.8% lower than the 5-year average of 4.4%. This approaches the lowest level since records began (2.6% in 2018).
- 5-year average
- 4.4%
- 10-year average
- 7.1%
- All-time high (2011)
- 16.5%
- All-time low (2018)
- 2.6%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +2.6 percentage point.
- Change vs. previous year
- -2.6 percentage points
- Largest monthly swing
- May: -5.0 percentage points
ECB Target
Inflation is 0.6% 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 €102.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 3.0% | -2.4 |
| February | 2.1% | -4.1 |
| March | 1.9% | -4.0 |
| April | 1.8% | -4.5 |
| May | 1.7% | -5.0 |
| June | 2.2% | -3.7 |
| July | 3.1% | -2.1 |
| August | 3.8% | -1.0 |
| September | 3.7% | -1.1 |
| October | 3.0% | -1.6 |
| November | 3.0% | -0.7 |
| December | 2.2% | -1.1 |
| Average | 2.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.