In Uruguay, the 12-month inflation rate slowed for the fifth consecutive month in February, although the effect of the drought had an upward impact on the prices of fruits and vegetables. As reported yesterday by National Statistics Institute, in February the Consumer Price Index It rose 1% and with a higher rise in February 2022 (1.47%), inflation in the last 12 months went from 8.05% to 7.55%.
Regardless, it is still outside the government’s target of between 3% and 6%. The fifth slowdown followed inflation, with the 12 months ending in September 2022 hitting a peak of 9.95%.
The price of lemons increased, the biggest jump in the fruit line, followed by oranges with 22.9%. Fruit and nut prices increased by 7%. This increase in the prices of lemons (+37.78%), oranges (+22.89%), apples (+3.70%) and peaches (+12.44%) is particularly noticeable, while the price of pears fell (-13.62%).
Vegetables, tubers and legumes are increased by 14.77%. In lettuce (+14.47%), mustard (+8.31%), bell pepper (+7.98%), tomatoes (+22.60%), mango (+48.45%), onions, leeks, green onions (+8.16%). and potatoes (+32.94%).