Uganda: Inflation to Rise to 6 Per Cent, Says Citi Bank

Kampala — Citi Bank has projected that Uganda's inflation will rise to 6 per cent by April 2019 because of increasing food prices and a pickup in aggregate demand by about 0.5 per cent.

In an interview in Kampala yesterday, Mr David Cowan, the Citi Africa chief economist, said economic outlook from global, regional to national level indicate there will be a rise in inflation amid moderate economic growth.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.