By Namugerwa Martha
Uganda Bureau of Statistics (UBOs) has released a report about the headline inflation of April which reported the decrease of prices of products in Uganda at the Uganda Bureau of Statistics headquarters in Kampala today.
Sam Kashiromwe the head accountant in Uganda Bureau of Statistics, who read out the report said that the prices of goods have decreased from 6.7% in February to 6.4% in April.
Kashiromwe added that the price evaluation of goods normally called “headline inflation” has reduced due to the decrease on the food prices.
“Prices on foods like cassava, potatoes and vegetable s like cabbages and many others have reduced the headline inflation.” Kashiromwe said.
He further added that next month hopefully the prices will continue to drop as many people have planted crops for consumption recently.
Headline inflationis a measure of the totalinflationwithin an economy, including commodities such as food and energy prices (e.g., oil and gas), which tend to be much more volatile and prone toinflationaryspikes.