PRICE INDICES REPORT RELEASED

PRICE INDICES REPORT RELEASED

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There has been an increase registered in the prices of manufactured goods by 1.8%, between the period of June 2015 and May 2016.

According to Dick Wadada, a senior statistician at Uganda Bureau of Statistics, the drastic increase in Producer Price Index is due to a number of factors, with the most outstanding ones being the depreciation of the Uganda shilling and an increase in the costs of production.

However, the prices of food stuffs, pharmaceutical product, chemicals, among others, slightly fell by 0.4% in June this year. We have more in this report.

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