Inflation rate rises to 4.6% in September
Uganda's annual inflation rate increased to 4.6% in September, marking a 12-month high. The rise is primarily attributed to weather-related disruptions affecting agricultural production and food prices.
Why it matters
Rising inflation erodes consumer purchasing power and household savings, highlighting the economic impact of climate-related agricultural instability in the region.
Business: Inflation rate rises to 4.6% in September
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Inflation rate rises to 4.6% in September
Annual inflation for the year ended August was 4.1%.
Uganda's annual inflation rate rose to 4.6% in September, its highest level in 12 months, as prolonged dry conditions pushed up food prices and increased pressure on household budgets, eroding spending power for many consumers.
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