Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

Uganda inflation hits three-year high of 5.8% as shilling slumps

Bloomberg ·
Uganda inflation hits three-year high of 5.8% as shilling slumps
  • Uganda's consumer prices rose 5.8% in October, up from 4.6% in September, driven mainly by energy and food costs.
  • Core inflation accelerated to 4.4% from 3.7% in September.
  • A slump in the shilling, the world's second-worst performing currency over the past three months, drove up import costs.

Sources

Uganda inflation hits three-year high of 5.8% as shilling slumps — Heurist Finance