Inflation Uruguay 2014

Average inflation: 8.9%

Current Inflation

Inflation is very high at 8.9%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 9.8%. The lowest inflation was in November at 8.0%.

Highest month
February: 9.8%
Lowest month
November: 8.0%
Difference
1.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 10.4%. The lowest price increase was in Energy with an average of 9.1%.

Highest increase
Food: 10.4%
Lowest increase
Energy: 9.1%

Historical Context

Current inflation is 0.8% higher than the 5-year average of 8.1%. This approaches the highest level since records began (8.9% in 2014).

5-year average
8.1%
10-year average
7.8%
All-time high (2014)
8.9%
All-time low (2006)
6.4%

Trend

Inflation has remained relatively stable. Compared to 2013, the difference is minimal (+0.3 percentage point).

Change vs. previous year
+0.3 percentage points
Largest monthly swing
March: +1.2 percentage points

ECB Target

Inflation is 6.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €108.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food
10.4%
+1.5vs avg.
More details →
Energy
9.1%
+0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 9.1% +0.4
February 9.8% +0.9
March 9.7% +1.2
April 9.2% +1.1
May 9.2% +1.1
June 9.1% +0.9
July 9.1% +0.4
August 8.7% -0.2
September 8.4% -0.6
October 8.1% -0.6
November 8.0% -0.5
December 8.3% -0.2
Average 8.9%

Data source

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

See also