Uruguay inflation rate for 2023 was 5.87%, a 3.24% decline from 2022.
Uruguay inflation rate for 2022 was 9.10%, a 1.36% increase from 2021.
Uruguay inflation rate for 2021 was 7.75%, a 2.01% decline from 2020.
Uruguay inflation rate for 2020 was 9.76%, a 1.87% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.