KAMPALA, Aug 31 – Uganda’s year on year inflation jumped to 21.4 percent in August, the highest since February 1993 and almost three points higher than a month earlier, mainly due to a rise in food prices.
The Uganda Bureau of Statistics said the headline inflation rate climbed from a revised 18.8 percent in July, as the impact of a severely weak shilling currency added to inflationary pressures through imports.
Source: Reuters Africa newsletter
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