FX.co ★ Uruguay CPI Picks Up in May

Uruguay’s annual inflation rate rose to 3.77% in May 2026, up from 3.16% in April. The acceleration was mainly driven by higher prices in education (6.91%), restaurants and hotels (6.85%), healthcare (6.15%), housing and utilities (5.02%), and personal care and social protection (4.89%). Transport costs increased by 4.47%, while food and non-alcoholic beverages were up 2.21%. In contrast, clothing and footwear prices declined by 4.88% year-on-year. On a monthly basis, consumer prices advanced 0.70% in May, compared with a 0.54% increase in April.