Inflation Uruguay 2019
Average inflation: 7.9%
Current Inflation
Inflation is very high at 7.9%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 8.8%. The lowest inflation was in January at 7.4%.
- Highest month
- December: 8.8%
- Lowest month
- January: 7.4%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 8.7%. The lowest price increase was in Energy with an average of 5.9%.
- Highest increase
- Food: 8.7%
- Lowest increase
- Energy: 5.9%
Historical Context
Current inflation is around the 5-year average of 8.0%.
- 5-year average
- 8%
- 10-year average
- 8%
- All-time high (2016)
- 9.7%
- All-time low (2017)
- 6.2%
Trend
Inflation shows an upward trend. Compared to 2018, inflation has risen by +0.3 percentage point.
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- April: +1.7 percentage points
ECB Target
Inflation is 5.9% 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 €107.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 7.4% | +0.7 |
| February | 7.5% | +0.4 |
| March | 7.8% | +1.1 |
| April | 8.2% | +1.7 |
| May | 7.7% | +0.5 |
| June | 7.4% | -0.7 |
| July | 7.5% | -0.9 |
| August | 7.8% | -0.5 |
| September | 7.8% | -0.5 |
| October | 8.3% | +0.3 |
| November | 8.4% | +0.4 |
| December | 8.8% | +0.8 |
| Average | 7.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.