{
  "id": 17307306,
  "title": "Uganda Inflation Hits 5.8% on Weak Shilling",
  "url": "https://urgent.news/2026/10/30/uganda-inflation-hits-5-8-on-weak-shilling",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T22:34:19.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/uganda-inflation-october-2026/"
  },
  "original_language": "en",
  "account": "Uganda's annual inflation surged to 5.8% in October 2026, up from 4.6% in September, marking the fastest increase since June 2023. The Uganda Bureau of Statistics revealed that food-crop prices had climbed by 10.7% over the year, while core inflation rose to 4.4% from 3.7%. Despite still being below the central bank's target of 5%, the rapid rise in prices threatens Uganda's economic stability. The Bank of Uganda attributed the inflation surge to currency depreciation and higher fuel prices, prompting a 2.25 percentage point rate hike to 12.0% during a special meeting. The bank now forecasts headline inflation to average 7.0% to 7.5% over the next year, emphasizing that inflation poses a significant threat compared to previous assessments.",
  "summary": "Uganda's annual inflation jumped to 5.8% in October 2026 from 4.6% in September, as food prices and a weaker shilling pushed costs up, official data show. The post Uganda Inflation Hits 5.8% on Weak Shilling appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Capital Business",
        "title": "Kenya’s inflation rises to 7.3pc in October on higher food and fuel prices",
        "url": "https://urgent.news/2026/10/30/kenyas-inflation-rises-to-7-3pc-in-october-on-higher-food-and-fuel",
        "published": "2026-10-30T09:00:07.000Z"
      },
      {
        "outlet": "People Daily Kenya",
        "title": "Kenya’s inflation rises to 7.3 per cent in October as food prices climb",
        "url": "https://urgent.news/2026/10/30/kenyas-inflation-rises-to-7-3-per-cent-in-october-as-food-prices-climb",
        "published": "2026-10-30T16:27:43.000Z"
      },
      {
        "outlet": "Nation Africa",
        "title": "Fuel price hikes push Kenya’s inflation to 40-month high of 7.3pc",
        "url": "https://urgent.news/2026/10/30/fuel-price-hikes-push-kenyas-inflation-to-40-month-high-of-7-3pc",
        "published": "2026-10-30T17:06:52.000Z"
      }
    ]
  },
  "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."
}