With a marginal descent, Uruguay’s annual inflation in the twelve months to June reached 8% compared to May’s, 8.06%, but still two percentage points above the Central bank upper cap target.
Uruguay's annual consumer inflation accelerated in April owing to a big increase in food, clothing and transportation prices, reported the government’s statistics office, INE on Thursday.
Chilean inflation accelerated in February fuelled by transport and food costs, reinforcing expectations the central bank will hold its key interest rate steady next week.
For the first time since data is recorded the number of people leaving Spain in search of better opportunities will be higher in 2011 than those incoming, according to the country’s stats office, INE.
Uruguay’s consumer price index in August was 0.56%, the lowest increase since the same month in 2005 helping to bring down the twelve-month index to 7.57% from 8.25% and giving the government a relief.
Uruguay’s consumer prices rose in January at the fastest pace since 2008, led by higher health, food and beverages costs, according to the latest report from the National Institute of Statistics, INE.