Uganda's annual inflation slows to 11.6 pct in July
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Uganda's annual inflation slows to 11.6 pct in July UPDATED 31 Jul 2009 | 08:20  
Uganda's annual inflation slows to 11.6 pct in July

KAMPALA (Reuters) - Uganda's annual headline inflation rate decreased to 11.6 percent in July from a revised 12.3 percent the previous month, the Uganda Bureau of Statistics said on Friday.

June annual inflation was initially estimated at 12.0 percent. Annual inflation for energy, fuel and utilities fell 6.3 percent in July while food crop inflation was little changed at 22.8 percent, compared with 22.7 percent in June.

Consumer prices rose 0.5 percent in July from a month earlier, up from a 0.3 percent month-on-month increase in June. Food prices rose 0.2 percent in July from the previous month.

"The increase in (food) prices is mainly attributed to reduced supply to the markets due to drought conditions that have affected many parts of the country," the statistics bureau said in a statement.

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