Inflation Uruguay 2016
Average inflation: 9.7%
Current Inflation
Inflation is very high at 9.7%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 11.0%. The lowest inflation was in November at 8.1%.
- Highest month
- May: 11.0%
- Lowest month
- November: 8.1%
- Difference
- 2.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 9.6%. The lowest price increase was in Energy with an average of 9.2%.
- Highest increase
- Food: 9.6%
- Lowest increase
- Energy: 9.2%
Historical Context
Current inflation is 0.9% higher than the 5-year average of 8.8%. This approaches the highest level since records began (9.7% in 2016).
- 5-year average
- 8.8%
- 10-year average
- 8.2%
- All-time high (2016)
- 9.7%
- All-time low (2006)
- 6.4%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+1.0 percentage point).
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- March: +3.0 percentage points
ECB Target
Inflation is 7.7% 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 €109.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 9.7% | +1.7 |
| February | 10.2% | +2.8 |
| March | 10.6% | +3.0 |
| April | 10.5% | +2.3 |
| May | 11.0% | +2.6 |
| June | 10.9% | +2.4 |
| July | 10.0% | +1.0 |
| August | 9.4% | -0.1 |
| September | 8.9% | -0.2 |
| October | 8.5% | -0.7 |
| November | 8.1% | -1.4 |
| December | 8.1% | -1.3 |
| Average | 9.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.