Uganda: Exports Drop By 4.6 Percent

21 December 2015

Kampala — The monetary policy report by Bank of Uganda (BoU) has revealed that in the first four months of 2015/16, the value of goods exported fell by 4.6 per cent due to slower demand for the Ugandan exports amid decline in global commodity prices.

BoU says the decline in exports was as a result of a reduction in the prices which declined by 7 per cent as opposed to volume that increased by 2.5 per cent in the same period.

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