×
The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Uganda’s inflation rose to 5.7 percent year-on-year in December from 4.6 percent last month, after a drought fueled a surge in food prices, the statistics office said on Friday. Annual core inflation also jumped to 5.9 percent from 5.2 percent in November.
The central bank monitors core inflation for monetary policy purposes and it strips out food, fuel, metered water and electricity prices. The Uganda Bureau of Statistics (UBOS) attributed the jump in core inflation to an uptick in prices of some services like transportation and hospitality.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join