In February 2025, Uruguay’s annual inflation rate rose to 5.10%. Increases were noted in housing and utilities, while clothing prices saw reduced deflation. Growth in food, transportation, and restaurant costs slowed, with consumer prices rising by 0.69% month-over-month.
In February 2025, the annual inflation rate in Uruguay experienced a slight increase to 5.10%, rising from 5.05% the previous month. This uptick in overall inflation was primarily driven by notable price hikes in housing and utilities, which saw an increase of 4.43%, significantly up from January’s 1.92%. Conversely, the rate of deflation for clothing and footwear diminished, showing a lesser decline of -1.88% compared to -2.66% the prior month.
Additionally, while food and non-alcoholic beverage prices grew at a slower pace of 3.86%, down from 4.27%, increases in transportation costs moderated to 7.07% from 7.73%. Meanwhile, the restaurant and food services category also reported a slight decline in rate of increase, moving from 7.67% to 7.51%. Month-over-month, consumer prices recorded a 0.69% rise, a deceleration from January’s increase of 1.1%.
In summary, Uruguay’s inflation rate rose slightly in February 2025, driven by increased costs in housing and utilities, while deflation in clothing eased. Though inflation in other categories such as food, transportation, and restaurant services slowed, the overall consumer price growth witnessed a deceleration month-over-month. This mixed trend signals a complex economic scenario for Uruguay as it navigates inflationary pressures.
Original Source: www.tradingview.com
