This indicates an increase of inflation by 3%.

The principal statistician at Uganda Bureau of Statistics (UBOS) Vincent Nsubuga Musoke says food prices led to the increase of inflation.

Musoke says food stuff like cassava, sweet potatoes, sugar, maize flour, oranges, bread and matooke among others have the highest inflation standing at 40.6% in most parts of the country this month.

He says food prices were highest in the districts of Gulu, Arua, Jinja, and Masaka.

Musoke adds that the depreciation of the Uganda shilling has led to the increase of prices of items like cabbage, tomatoes, beans, milk, rent, cement, nails and iron sheets.

The post Uganda’s inflation hits 18% mark first appeared on Uganda Multimedia News & Information.