In February 2025, Uruguay’s inflation rate rose to 5.10% from 5.05%. Housing and utilities drove the increase, while deflation in clothing eased. Cost growth slowed in food, transportation, and restaurant services. Month-over-month, consumer prices increased by 0.69%.

In February 2025, Uruguay’s annual inflation rate slightly rose to 5.10%, up from 5.05% the previous month. This increase was driven primarily by a notable acceleration in housing and utilities prices, which climbed to 4.43% from 1.92% in January. Conversely, there was a decrease in the rate of deflation for clothing and footwear, changing to -1.88% from -2.66%.

Additionally, growth in costs for food and non-alcoholic beverages declined to 3.86% from 4.27%, while transportation costs reduced from 7.73% to 7.07%. Restaurant and food services also saw a slight decrease in growth, moving from 7.67% to 7.51%. Month-over-month consumer prices increased by 0.69%, representing a slowdown from January’s 1.1% rise.

Uruguay’s inflation exhibited a marginal increase in February 2025, largely influenced by higher housing and utility costs. Although several categories experienced slowing price growth, the month-over-month increase in consumer prices also indicated a significant reduction in inflation momentum. Thus, while inflation remains relatively controlled, there are notable shifts in various economic sectors.

Original Source: www.tradingview.com