Inflation Uruguay 2017
Average inflation: 6.2%
Current Inflation
Inflation is very high at 6.2%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 8.3%. The lowest inflation was in July at 5.2%.
- Highest month
- January: 8.3%
- Lowest month
- July: 5.2%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 8.6%. The lowest price increase was in Food with an average of 2.8%.
- Highest increase
- Energy: 8.6%
- Lowest increase
- Food: 2.8%
Historical Context
Current inflation is 2.2% lower than the 5-year average of 8.4%. This approaches the lowest level since records began (6.2% in 2017).
- 5-year average
- 8.4%
- 10-year average
- 8%
- All-time high (2016)
- 9.7%
- All-time low (2017)
- 6.2%
Trend
Inflation shows a downward trend. Compared to 2016, inflation has fallen by +3.5 percentage point.
- Change vs. previous year
- -3.5 percentage points
- Largest monthly swing
- June: -5.6 percentage points
ECB Target
Inflation is 4.2% 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 €106.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 8.3% | -1.4 |
| February | 7.1% | -3.1 |
| March | 6.7% | -3.9 |
| April | 6.5% | -4.0 |
| May | 5.6% | -5.4 |
| June | 5.3% | -5.6 |
| July | 5.2% | -4.8 |
| August | 5.4% | -4.0 |
| September | 5.8% | -3.1 |
| October | 6.0% | -2.5 |
| November | 6.3% | -1.8 |
| December | 6.6% | -1.5 |
| Average | 6.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.