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.

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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

#Financial year #2023/24 #Inflation

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,

New infrastructure to unlock over sh3 trillion in fresh fruits, vegetables exports

Business

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

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