Inflation down to 2.1% in April

By Edwin Muhumuza

The Annual Headline Inflation for the year ending April 2021 was recorded at 2.1 compared to the 2.7 percent recorded for the year ended March 2021.

According to the Director Macro Economic Statistics at the Uganda Bureau of Statistics (UBOS) Kaudha Aliziki Lubega, while releasing the Consumer Price Index for the month of April, she noted that the decrease is mainly attributed to the Food and Non-Alcoholic Beverages Inflation that decreased to minus 2.0 percent for the year ending April 2021 compared to the 0.4 percent rise registered for the year ended March 2021.

‘In addition, Annual inflation for Housing, Water, Electricity, Gas and Other

Fuels decreased to minus 1.5 percent compared to the minus 0.8 percent in the same period.

Relatedly, Annual inflation for Restaurants and Accommodation Services decreased to 0.1 percent compared to the 0.4 percent registered for the year ended March 2021.

However there were increases in transport at 19.6 percent compared to 18.8 percent, personal care, social protection and miscellaneous goods as well as clothing, footwear and health which increased to 2.5, 1.3 and 5.5 percent for the year ending April 2021

Compared to 1.9, 1.0 and 5.4 percent for the year ended March 2021 respectively.

The Annual Core Inflation was recorded at 2.9 percent compared to 3.4 percent on account of Annual inflation for Other Goods that registered 0.3 percent in April 2021 compared to the 1.3 percent in March. Meanwhile the Annual Services Inflation registered 6.0 percent the same rate recorded for the year ended March 2021.

Regionally inflation was recorded highest in Jinja at 3.1 percent followed by Masaka at 2.8 percent while Fort portal had the least inflation at 1% rise.

Among the items with the highest was cooking oil, mangoes, cucumber, peas, pine apple, chicken off layers ,yams, greens, sweet potatoes, Matooke, green paper, ground nuts, onions, sim sim, apples, fresh beans , tea leaves, aluminium suitcases, pumpkins and Malewa.

Those that have seen a reduction in prices include, passion fruits, firewood, dried fish, sweet bananas, chicken croilers, sugar, tomatoes, garlic, yogurt, vegetables, Nile perch, sugar cane, fresh okra and pancakes.