Inflation in Uruguay during April slowed down for third month running, according to the latest release from the country’s Statistics Office, INE. Consumer prices in the fourth month of the year climbed 0.45% with inflation in the last twelve months reaching 8.14%, compare to 8.54% in March.
Consumer prices in Uruguay rose 0.93% during August, above expectations and leaving the Central bank with not much margin to apply counter measures. In the twelve months to August inflation was 7.88%, up from July’s 7.48%.