The primary factor contributing to this deceleration in inflation is the moderation of the annual core inflation rate, which reached 3.3% for the 12 months ending August 2023.
Traders at Nakawa market selling tomatoes one of the commodities that has reduced according to the Uganda National Bureau of Standards. Photo by Wilfred Sanya
By: NewVision Reporter, Journalist @NewVision
The Consumer Price Index (CPI) data for August 2023 reveals that Uganda's annual inflation rate has shown a slowdown, with the index registering a rate of 3.5%.
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