KAMPALA, July 31, 2025 — Uganda's Consumer Price Index (CPI) experienced a modest decrease in July 2025, reaching 3.8%, down from the previous month's figure of 3.9%, according to the latest data released today. This marks a slight reduction in the year-over-year inflation rate as the country moves through the third quarter of the year.
The data reflects that the change in the CPI, which measures the average change over time in the prices paid by consumers for goods and services, showed minimal deviation over the past month. In June, the index had come to a halt at 3.9%, making July's figure a slight yet noteworthy development as it puts the inflation rate below the previous month's level.
This slight dip in inflation could indicate stabilization following a more volatile economic environment earlier in the year. Analysts will be closely watching if this trend continues in the coming months, as the Ugandan economy navigates through global economic uncertainties and local economic policies. Maintaining inflationary pressure within the central bank's target range remains a pivotal objective for sustaining consumer purchasing power.
