Inflation Uruguay 2014
Average inflation: 8.9%
Inflation in 2014
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
Inflation is 0.8 percentage points 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
Over the period 2012-2014, inflation has remained relatively stable. Compared to 2013, inflation has risen by 0.3 percentage points.
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- March: +1.2 percentage points
ECB Target
Inflation is 6.9 percentage points 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 UYU 100 this year will cost approximately UYU 108.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
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.