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HIGH FUEL PRICES PUSH UGANDA’S INFLATION TO 3.7 PERCENT

Uganda’s annual headline inflation rose to 3.7 per cent in the 12 months to June 2026, up from 3.2 per cent recorded in May, driven by higher costs of some food items and services, particularly transport. 

The Uganda Bureau of Statistics (UBOS) said annual core inflation, which excludes volatile items like energy, fuel and metered water, also increased from 3.0 per cent in May to 3.4 percent in the year ending June 2026. 

The development is expected to weaken the purchasing power of households, forcing them to spend more on essentials like food, rent and transport, which erodes disposable incomes.

Read More: https://www.monitor.co.ug/uganda/news/national/high-fuel-prices-push-uganda-s-inflation-to-3-7-per-cent-5514436