Tag: Uruguay inflation

• Friday, February 8th 2013 - 06:51 UTC

  “No big deal with inflation, I grew up in a country with 70%/80% inflation”

  

  Two contrasting views have surfaced in the Uruguayan government regarding inflation which has been steadily climbing and seems so far immune to monetary tools, but is now the second highest in the region behind Argentina.

• Tuesday, February 5th 2013 - 06:25 UTC

  January inflation in Uruguay confirms strong hike tendency

  

  Inflation in Uruguay climbed 1.9% in January totalling 8.72% in the last twelve months, according to the latest release from the government’s stats office, INE. Last year twelve month inflation reached 7.48% and for this year the government established a target of 4% to 6%.

• Saturday, January 5th 2013 - 05:59 UTC

  Lowering the price of power, Uruguay ends 2012 with an inflation of 7.48%

  

  Consumer prices in Uruguay ended the year at 7.48% after recording the lowest December percentage in forty years: a negative 0.73%. However analysts and consultants anticipate that inflation in the first quarter of 2013 will remain above an annualized 8%.

• Friday, December 14th 2012 - 07:42 UTC

  Uruguayan economy expands 3% in third quarter boosted by construction of pulp mill

  

  Uruguay’s economy grew faster than economists expected in the third quarter, spurred by increased construction, transportation and communications activity. GDP expanded 3% from a year earlier, the central bank said on Thursday on its website. The economy grew 1.2 percent from the second quarter, the bank said.

• Wednesday, December 5th 2012 - 19:15 UTC

  Inflation in Uruguay remains out of target despite government efforts

  

  Uruguay’s inflation in November was over 9% in the last twelve months despite government efforts to contain it by agreeing a price freeze with leading supermarkets and having public utilities’ rates unchanged.

• Thursday, September 6th 2012 - 06:15 UTC

  August anticipates that Uruguay’s annual inflation out of target at 8%

  

  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%.

• Wednesday, January 4th 2012 - 06:34 UTC

  Uruguay consumer inflation in 2011 reaches 8.6%, which is 43% above target

  

  Uruguay consumer price inflation accelerated to 8.6% in 2011 from 6.93% the previous year, the government stats office, INE said on Tuesday.