{
  "id": 15571507,
  "title": "Uruguay Inflation Forecast Set at 4.9%",
  "url": "https://urgent.news/2026/10/19/uruguay-inflation-forecast-set-at-4-9",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T06:03:38.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/uruguay-inflation-forecast-central-bank-ipom-october-2026/"
  },
  "original_language": "en",
  "account": "The central bank of Uruguay has forecasted inflation to reach 4.9% by the end of 2026, which is higher than their 4.5% target. This projection is based on several factors, including the US Federal Reserve holding its policy rate higher and longer than previously assumed, as well as oil averaging around US$100 a barrel in the fourth quarter. The bank also expects growth to be about 1% in 2026 and 2.5% in 2027, following a decline in output of 0.8% in the second quarter of 2026. Inflation is currently near the target, and the bank expects the gap between actual and potential output to remain slightly negative throughout the forecast period. The main driver of inflation is expected to be energy prices and the effects of El Niño. The bank anticipates inflation to gradually return to the 4.5% target by the end of its two-year policy horizon.",
  "summary": "Uruguay's central bank forecasts 4.9% inflation at the end of 2026 and 4.1% in 2027, with growth of about 1% this year and 2.5% next year. The post Uruguay Inflation Forecast Set at 4.9% appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}