Uganda’s Annual Inflation Cools to 2.9% in February, Extending Downward Trend

Uganda’s consumer price inflation eased to 2.9% year-on-year in February 2026, down from 3.2% in January 2026, according to data updated on 27 February 2026. The reading, based on the Consumer Price Index (CPI), indicates a further softening in price pressures in East Africa’s third-largest economy.

The February figure reflects the change in prices compared with February a year earlier, while the January reading represented a comparison with January of the previous year. The continued moderation suggests that inflationary pressures are gradually receding on an annual basis, potentially giving policymakers more room to balance growth and price stability if the trend persists.

Market participants and analysts will be watching upcoming releases closely to assess whether the disinflation continues and how it might influence monetary policy signals in the months ahead.