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Fiscal year 2023/24 inflation slows
Edgar Niyimpa, the principal statistician, pricing at the Uganda Bureau of Statistics (Ubos) said the drop shows continued recovery from the effects of the pandemic on several commodity prices.
The annual inflation rate for the 12 months ending June increased to 3.9% compared to 3.6% in May. File photo
By: NewVision Reporter, Journalists @NewVision
Uganda’s annual average headline inflation rate for the financial year 2023/24 slowed to 3.2%, compared to 8.8% in 2022/23, driven by a decline in core inflation.
Edgar Niyimpa,