In August, inflation reached 4.55% year-on-year, slightly exceeding the threshold set by the Banco Central. This is the first increase of the year, although still within the tolerated range. The latest price index recorded a monthly variation of 0.24%. Despite this rise, the results remain below analysts' expectations, partly due to government measures to stabilize prices in the face of oil volatility.
Inflation in Uruguay: a contained rise but above expectations
This article was updated at 00:50.