Inflation Uruguay 2018
Average inflation: 7.6%
Current Inflation
Inflation is very high at 7.6%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 8.4%. The lowest inflation was in April at 6.5%.
- Highest month
- July: 8.4%
- Lowest month
- April: 6.5%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 8.4%. The lowest price increase was in Energy with an average of 6.1%.
- Highest increase
- Food: 8.4%
- Lowest increase
- Energy: 6.1%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 8.2%.
- 5-year average
- 8.2%
- 10-year average
- 8%
- All-time high (2016)
- 9.7%
- All-time low (2017)
- 6.2%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +1.4 percentage point.
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- July: +3.2 percentage points
ECB Target
Inflation is 5.6% 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 €107.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 6.7% | -1.6 |
| February | 7.1% | 0.0 |
| March | 6.7% | 0.0 |
| April | 6.5% | 0.0 |
| May | 7.2% | +1.6 |
| June | 8.1% | +2.8 |
| July | 8.4% | +3.2 |
| August | 8.3% | +2.9 |
| September | 8.3% | +2.5 |
| October | 8.0% | +2.0 |
| November | 8.0% | +1.7 |
| December | 8.0% | +1.4 |
| Average | 7.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.