KAMPALA, Uganda - Uganda's Consumer Price Index (CPI) witnessed a modest increase in May 2025, rising to 3.8%, according to recently updated data as of May 30, 2025. This marks a 0.3 percentage point increase from April's CPI, which stood at 3.5%. The increase is observed in a year-over-year comparison, where the current figures are contrasted with May 2024 data.
The CPI is a vital economic indicator that reflects the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. An increase to 3.8% indicates a slight uptick in inflationary pressures compared to the previous month. Analysts and economists will be closely monitoring these changes to assess their implications on the cost of living, purchasing power, and monetary policy developments within the nation.
Uganda's economic stakeholders continue to keep a cautious eye on inflationary trends, as the shift may affect economic planning and stability. The data offers vital insights for policymakers to tailor economic strategies that will potentially counterbalance rising prices and help maintain economic growth. The coming months will be critical as the country navigates these economic changes and works towards maintaining sustainable growth amidst fluctuating inflation rates.
