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Annual Core Inflation Decreases

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this http://churchofthekingmcallen.org/wp-includes/ms-default-filters.php geneva; font-size: small; line-height: 200%;”>The annual core inflation rate was recorded at 7.0% for the year ending November compared to the 7.2% that was recorded in October.


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The annual food crops inflation rate is 7.7% for the year ending October.


According to the Executive director Uganda Bureau of statistics (UBOs), Ben Paul Mungyereza, the annual inflation rates by centers have Jinja town with the highest annual inflation rate of 8.1% compared to 8.3% recorded in October.


“This was driven by high price levels for food, alcohol, soft drinks, household textile, furniture and medical services,” notes Mungyereza.


Mbarara registered the second highest with 7.8% compared to the 10.2% recorded in October.


He shows that this was driven by the high price levels for alcoholic drinks, soft drinks, clothing, food and meals in restaurants.


Kampala registered third with annual inflation rate of 7.2% compared to the 7.7% recorded in October 2013.


Arua registered a negative of 0.5% compared to 0.6% registered in October 2013, as driven by a slight increase in prices of food, and charcoal.


Mungyereza continued to show the inflation rates for food and non-food for the year ending November as it decreased from 8.1% compared to 10.9% recorded during the year ended October 2013.

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