Inflation Uganda 2020
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in July at 3.8%. The lowest inflation was in December at 2.5%.
- Highest month
- July: 3.8%
- Lowest month
- December: 2.5%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 3.3%. The lowest price increase was in Energy with an average of 2.3%.
- Highest increase
- Core inflation: 3.3%
- Lowest increase
- Energy: 2.3%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 3.9%.
- 5-year average
- 3.9%
- 10-year average
- 6.3%
- All-time high (2011)
- 16.5%
- All-time low (2018)
- 2.6%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- August: +1.6 percentage points
ECB Target
Inflation is 1.3% 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 €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 3.7% | +1.0 |
| February | 3.6% | +0.6 |
| March | 3.0% | 0.0 |
| April | 3.2% | -0.3 |
| May | 3.2% | -0.1 |
| June | 3.6% | +0.2 |
| July | 3.8% | +1.2 |
| August | 3.7% | +1.6 |
| September | 3.3% | +1.4 |
| October | 3.5% | +1.0 |
| November | 2.7% | -0.3 |
| December | 2.5% | -1.1 |
| Average | 3.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.