New data Inflation Rate YoY (Oct)
10/31/2024
actual 2.9, previous 3
The event is the release of the Inflation Rate Year-over-Year (YoY) for October in Uganda. The actual inflation rate reported was 2.9%, which was a decrease of 0.1% from the previous period. The impact of this event is considered low. The currency affected by this data is the Ugandan Shilling (UGX). The estimated inflation rate was 2.8%, so the actual rate slightly exceeded expectations. This slight increase in inflation may have implications for the country's economy, including potential changes in consumer purchasing power and overall price levels.This is not investment advice. Remember to verify the information provided here.
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