| May inflation rate in Uganda slows to 12.4 percent |
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"The main inflation driver remained food inflation," the statistics office said in a statement. Food prices, which make up 27.2% of the consumer price index, climbed 2.1% in May from a month earlier, after a 4.5% rise in April. Prices of petrol, diesel, charcoal and firewood all declined, while prices of cement, some household goods and education materials rose, it said.
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Uganda's annual inflation rate slowed to 12.4% in May from 13.4% the previous month, the Uganda Bureau of Statistics has said. Food prices have remained high despite headline inflation rate slowing.
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