04.03.202618:16:10UTC+00Uruguay Inflation Falls to Lowest Since 1939

Uruguay’s annual inflation rate slowed to 3.11% in February 2026, down from 3.46% in January, marking the lowest level since January 1939. Price growth moderated across most major categories, including food and non-alcoholic beverages (4.32% vs. 4.66%), alcoholic beverages and tobacco (3.74% vs. 3.80%), housing and utilities (5.01% vs. 5.37%), healthcare (5.64% vs. 6.30%), recreation, sport and culture (2.49% vs. 3.00%), education (5.85% vs. 7.13%), and insurance and financial services (2.47% vs. 2.98%). Deflation intensified in clothing and footwear (-3.86% vs. -3.34%) and transport (-3.58% vs. -3.48%). In contrast, prices accelerated in furniture and household appliances (1.01% vs. 0.91%), information and communication (3.53% vs. 3.39%), and personal expenses (5.74% vs. 5.05%). On a monthly basis, consumer prices rose 0.35% in February, following a 0.90% increase in January.