Uruguay’s inflation fell to 4.09 % in November
According to the Consumer Price Index report from Uruguay's National Institute of Statistics, the country's year-on-year inflation rate fell to 4.09 % in November, marking 30 consecutive months within President Yamandú Orsi's target range of 3 % to 6 %
The data recently published by the Consumer Price Index of Uruguay’s National Institute of Statistics shows that year-on-year inflation fell from 5.03 % to 4.09 % in November, thus completing 30 consecutive months within the tolerance range set by the Yamandú Orsi administration, which ranges from 3 % to 6 %.
The National Institute of Statistics reports that “the monthly inflation rate was 0.14 %, while the year-to-date rate was 3.74 %.”
Among the main contributors, expressed as percentage points to the overall monthly inflation rate, were food and non-alcoholic beverages (-0.06 %), health (0.03 %), transportation (0.07 %), and restaurants and accommodation services (0.04 %).
M.Pino
Source: swissinfo
(Reference image source: Zoshua Colah on Unsplash)
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