Uruguay's inflation reaches 1.1% in January

The Rio Times

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Uruguay's Inflation Dips to 5.05% in January, Signals Economic Stability

The National Institute of Statistics reports that Uruguay’s inflation rate fell to 5.05% in January 2025. This figure marks a decline from December’s 5.49% and January 2024’s 5.09%. The Consumer Price Index has now stayed within the Central Bank’s 3-6% target for 20 months straight. This stability reflects a significant achievement under President Luis Lacalle […]

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Uruguay's inflation reaches 1.1% in January

Uruguay's Consumer Price Index (CPI) went up 1.1% last month and 5.05% interannually, the National Institute of Statistics (INE) said in a report released Wednesday in Montevideo. Wednesday's figures represented a slight improvement for President Luis Lacalle Pou's administration after recording 1.53% in January 2024 for a 5.09% yoy.

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In January of this year, the Consumer Price Index (CPI) scored a monthly variation of 1.1%, accumulating 1.1% in the year and 4.9% to twelve months.The market expected a figure in the range of 1%, due to the application of the last readjustment of the light accounts, an item that alone rose 10.8% in January. Eleven of the thirteen divisions that make up the CPI basket contributed positive incidences in the monthly variation of the index, and two…

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Highlights were the increases in housing and basic services, as well as in equipment and household maintenance, and the decrease in insurance and financial services. ...

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The National Institute of Statistics, INE, reported that increases in housing and basic services, as well as in household equipment and maintenance, increased the cost of living in the first month of the year.