Uruguay Consumer Price Index

Uruguay’s Consumer Price Index (CPI) reached 310.38 in 2025, placing the nation at 29th position worldwide according to the World Bank, and marking the highest level recorded since the series began in 1960 when the index was 0.00. The 66‑year span shows a steady upward trajectory, with inflationary pressures intensifying during the early 2020s as global commodity prices surged and domestic fiscal expansion continued. Uruguay’s CPI is closely aligned with peers such as Moldova, whose 2025 index stood at 313.52, and The Gambia, which recorded 307.83, reflecting similar macro‑economic environments in emerging markets. While the index’s rise signals robust demand and wage growth, it also raises concerns about purchasing‑power erosion if monetary policy does not tighten. Should the Central Bank maintain a disciplined stance and external shocks subside, the CPI is likely to moderate, potentially curbing the upward momentum observed over the past decade.