30.10.202608:32:23UTC+00Uganda’s Inflation Quickens to 5.8% in October, Marking Steep Year-on-Year Acceleration

Uganda’s consumer price inflation accelerated in October 2026, with the year-on-year CPI rising to 5.8%, up from 4.6% in September 2026. The latest reading, updated on 30 October 2026, underscores a notable pickup in price pressures across the economy.

Both figures represent year-over-year changes, comparing each respective month with the same month a year earlier. The jump from 4.6% to 5.8% suggests that the pace of price increases has strengthened meaningfully between September and October, potentially heightening concerns over the cost of living and the outlook for monetary policy.

With inflation now running more than one percentage point higher than the previous month’s reading, market participants and policymakers will be closely watching upcoming data to determine whether October’s surge signals a sustained inflation trend or a short-term spike in Uganda’s price dynamics.