Ugandans battle soaring inflation

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Published : November 28th, 2011
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FOLLOW : Uganda
Category : On the Web
Xtra, in its November 28, 2011 article, reports that Ugandans battle soaring inflation.

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Uganda's overall inflation last month rose to over 30 percent, its highest level in almost two decades. In the same month, year-on-year inflation on food topped 45 percent.

"This has led to a steep rise in the cost of essential goods," said Frederick Golooba-Mutebi, a political scientist at Kampala's Makerere University.

"That means that the standard of living for many Ugandans has gone down, especially for the poorer people in society," he added.












 

 



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