In February 2025, Uruguay’s inflation rate rose to 5.10% from 5.05%. Key factors included an acceleration in housing costs and moderated deflation in clothing. Price growth slowed in food, transportation, and restaurant services. Monthly, consumer prices increased by 0.69%, down from 1.1% in January.
In February 2025, Uruguay’s annual inflation rate experienced a slight increase, reaching 5.10% compared to the previous month’s rate of 5.05%. The rise in prices was particularly notable in the housing and utilities sector, where rates accelerated to 4.43%, up from 1.92% in January. Conversely, the decline in clothing and footwear prices moderated, with a decrease of -1.88% rather than -2.66% as observed earlier.
Despite the overall inflation uptick, the cost growth for food and non-alcoholic beverages slowed to 3.86% from 4.27%. Similarly, transportation costs decreased, with a growth rate of 7.07% compared to 7.73% in the preceding month. Restaurant and food service prices also showed a less pronounced increase, with a rate of 7.51%, down from 7.67%.
On a month-over-month basis, consumer prices increased by 0.69%, a moderation from the 1.1% rise recorded in January. This gradual adjustment reflects ongoing economic conditions impacting consumer spending and price stability in various sectors.
In conclusion, Uruguay’s inflation rate in February 2025 demonstrated a minor increase, primarily influenced by rising housing and utility costs. While certain categories like clothing experienced less deflation, price increases in essential sectors like food and transportation showed signs of deceleration. Overall, the steady growth in consumer prices underlines the need for sustained monitoring of economic trends.
Original Source: www.tradingview.com
