Inflation Uganda 2021
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in December at 2.9%. The lowest inflation was in May at 1.9%.
- Highest month
- December: 2.9%
- Lowest month
- May: 1.9%
- Difference
- 1.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 6.9%. The lowest price increase was in Energy with an average of -0.8%.
- Highest increase
- Core inflation: 6.9%
- Lowest increase
- Energy: -0.8%
Historical Context
Current inflation is 1.0% lower than the 5-year average of 3.2%. This approaches the lowest level since records began (2.2% in 2021).
- 5-year average
- 3.2%
- 10-year average
- 4.9%
- All-time high (2011)
- 16.5%
- All-time low (2021)
- 2.2%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (-1.1 percentage point).
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- August: -1.8 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 2.0% | -1.7 |
| February | 2.3% | -1.3 |
| March | 2.7% | -0.3 |
| April | 2.1% | -1.1 |
| May | 1.9% | -1.3 |
| June | 2.0% | -1.6 |
| July | 2.1% | -1.7 |
| August | 1.9% | -1.8 |
| September | 2.2% | -1.1 |
| October | 1.9% | -1.6 |
| November | 2.6% | -0.1 |
| December | 2.9% | +0.4 |
| Average | 2.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.