Inflation Uganda 2019
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in December at 3.6%. The lowest inflation was in September at 1.9%.
- Highest month
- December: 3.6%
- Lowest month
- September: 1.9%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 6.8%. The lowest price increase was in Food with an average of 0.6%.
- Highest increase
- Core inflation: 6.8%
- Lowest increase
- Food: 0.6%
Historical Context
Current inflation is 1.5% lower than the 5-year average of 4.4%.
- 5-year average
- 4.4%
- 10-year average
- 6.6%
- All-time high (2011)
- 16.5%
- All-time low (2018)
- 2.6%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +0.3 percentage point.
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- September: -1.8 percentage points
ECB Target
Inflation is 0.9% 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 €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 2.7% | -0.3 |
| February | 3.0% | +0.9 |
| March | 3.0% | +1.1 |
| April | 3.5% | +1.7 |
| May | 3.3% | +1.6 |
| June | 3.4% | +1.2 |
| July | 2.6% | -0.5 |
| August | 2.1% | -1.7 |
| September | 1.9% | -1.8 |
| October | 2.5% | -0.5 |
| November | 3.0% | 0.0 |
| December | 3.6% | +1.4 |
| Average | 2.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.