Uruguay Inflation Rate Increases to 5.10% in February 2025

Uruguay’s annual inflation rate rose to 5.10% in February 2025, up from 5.05%. Significant price hikes were seen in housing and utilities, while deflation in clothing and footwear eased. Growth in costs for food, transportation, and restaurant services slowed, with month-over-month consumer price increases at 0.69%.

In February 2025, Uruguay experienced a slight rise in its annual inflation rate, which increased to 5.10%, up from 5.05% in January. This escalation in inflation was largely attributed to significant price rises in housing and utilities, which surged from 1.92% to 4.43%. Conversely, the rate of deflation in clothing and footwear showed improvement, easing from -2.66% to -1.88%.\n\nMoreover, the growth rates for several key sectors experienced a slowdown. Costs for food and non-alcoholic beverages decreased from 4.27% to 3.86%, while transportation costs fell from 7.73% to 7.07%. Similarly, the inflation in restaurant and food services also declined from 7.67% to 7.51%. \n\nOn a month-over-month basis, consumer prices recorded a 0.69% increase, which represented a deceleration compared to the 1.1% rise observed in January.

In summary, Uruguay’s inflation rate exhibited a slight increase in February 2025, primarily driven by rising housing and utility costs. However, other sectors like food, transportation, and restaurant services showed declining growth rates. The overall rise in consumer prices has slowed compared to the previous month, indicating a complex inflationary environment in the country.

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