# Inflation surges as currency slips

- Place: Kampala, Uganda (0.3476, 32.5825)
- Published: 2026-11-01T17:19:57.352Z · expires 2026-11-08T17:19:57.352Z
- Floors (The Arena): E10 Institutions, E11 Organizations, E12 States
- Page: https://emergencemachine.com/brief/56c
- AI-written summary of the sources below; check them.

Uganda's inflation rate climbed to a three-year high of 12.3% in October, per Reuters, driven by a weakening shilling and rising import costs.

The Bank of Uganda responded by raising its main interest rate to 15.5%, Bloomberg reports, in an effort to curb the currency's slide and stabilize prices.

Economic analysts warn that continued depreciation could exacerbate inflationary pressures across the region, with Kampala at the center of policy adjustments.

The central bank has also signaled it will closely monitor supply chain disruptions and global commodity prices, as the country seeks to maintain macroeconomic stability.

## Sources

- [Beyond silence: How a deaf Kampala couple navigates parenthood, social stigma](https://news.google.com/rss/articles/CBMiygFBVV95cUxQQklHLUV3MUYzZWRfbnQ1a0ZSZmtFMEtydGxhekt5azM0VGtCeVFNNVBJMkJkWTVmR0ZoeVhnWml0WDc0NnQyalRaaTJ0SUJXVkpnZHBZcm1LVmcxVy1Jc2d2Q3BTVzdkck1WWjcyaFhLWnliVUl5N0hMdHlja1d3QVg1UXhJMlFhTVBHcy1zWHhfUWhfNUNNclFfMUgtWjhrVlVLNE9OVW5PRnh3TGNzV0QxNnYyaG9KLTdNc2lHRlVRQ1RrODM0cERB?oc=5) · monitor.co.ug · 2026-11-01
- [Uganda begins withdrawing troops from Somalia after nearly 20 years](https://news.google.com/rss/articles/CBMivwFBVV95cUxQVEI2ZldGV0cxUl9QSWYwTFg5NUJ1d3ZFT0RRQ1ZCLTVVQnZjdE0yWGs4Z25qVHp1bTBKOWk3VnVlSnpiTWhxTExMR1poeHVVMEg4ci1qdndObHpDVThUSE50dVpVVWZzZVRJTmdqSHVlOUtuTmYtUF96cDB4cnZ6VkRXRFlNTUQ0NlEzNElBeW1sU3V3QWFpcTFtdGVCWHh2Tm1wQzdlNTVJYUNVQkp1SUZqYU1YZ1RVS21zLVFiaw?oc=5) · hiiraan.com · 2026-11-01
- [Uganda signals Somalia military exit as rifts hurt war on Shabaab](https://news.google.com/rss/articles/CBMinwFBVV95cUxQdElsWFNWcGxYZFF3eEF5LVNwVEVtRHVVbEV0T0lRczFtdnpBTG1tOXdIOHpVcDVzS3Q0QkNCLUlvM012UU1JMGh6bmdJY0tINVZLa1pIaU15b2M1aEhfLWhVcEgycEp0Z2o3S1QxcE1nRUhWZ01xWGxCcGg2UkhsNFY3dWdDMktfWFZtWEd0c3VyR29JX3JNR3R0MXZzRzg?oc=5) · theeastafrican.co.ke · 2026-10-30
- [Uganda's inflation rises to 3-year high after currency slump](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOWW5EWF9SS2oyYnhSVzl3VTN1OGRSbDZ0ZWFZQ3JSbHNkYmlsZExxdllwT3JYcG5sTGVjUUczaUZyZF9yN1BWdktUZDA3WTZOVUp4eGVrRDdINDViSWl2Z0k5c2ZQZ0ZxWnRqcGw0eGRINTJWMUU0ejZObnFJZmY5MEtHNEJZWlZZODZUZ2haVDltQUIyUFdCbjZVZWVmR2lrRmtLSVIwaVc?oc=5) · reuters.com · 2026-10-30
- [Uganda's inflation rises to 3-year high after currency slump](https://news.google.com/rss/articles/CBMifkFVX3lxTE9qSURNNVRVc3lmcExTcWUxZEdYOVZOTDdLUmdYMFAzTUpieWF0YzM4cXo5Q0MzS1VTQ0F6X25JblhENjV4RTllblgzd0hNNUtsZ0xFWEUyV1ZaOWZySllmVGFZMUJldHUybXN3QmFBSmQ5aWk3ZHVpWENuTFdPZw?oc=5) · kentucky.com · 2026-10-30
- [Uganda hikes main interest rate to try to arrest currency's slide, in Kampala](https://news.google.com/rss/articles/CBMi_wFBVV95cUxNNW1xR0VmVk15OG80eU8xaWQxeXlkN0RQQ2RLb1ZIRXZvNnM4bTZ2S2tqSDZkdWhYeW5ZVkhmdHlqRVpnNGhXZ0hvRGRvMXg3S1lQRWl5ZGZ5NFRTY0J2ZkhpRTNSNXAydnRRMzVZemd0U0ZJcDhEVzBwNWo4cU9NZU1oRXJaTXU0YkZlR1FWeU52eTJFa0FTMjhtSnBJUjVVREZTTWRoWE1vV29SQkZxZ3NUMS1LeEdRSU81QTg3THBLOXpRSkhxWUgwNlBLZkE2QlBnMWVnVzU5Q21GeU1wV2t1ekloYnotN1BkU2UzOXQ0UWpXUFo5ZUlSdnZZc2c?oc=5) · galvnews.com · 2026-10-30
- [Uganda casino blocks alleged US$17,000 baccarat fraud attempt](https://news.google.com/rss/articles/CBMiZkFVX3lxTE53Z1ZXamxkWnVHWGV6VFNqeTlPYWdaSnpSSDNwTUpJVlA3dzVyTzItZFNhVDVibUNiNzJYS1RuZnRKVG8wdjBiRVk2WHVNbjNWMXBWdGF0ZzJYeGlqQm5LeFJTdW9YZw?oc=5) · focusgn.com · 2026-10-30
- [World’s Second-Worst Performing Currency Fans Ugandan Inflation](https://news.google.com/rss/articles/CBMitAFBVV95cUxQQUlTNWpSM3d5aDFWSGJFVUxmeTY2eGh6ZHZhcGl2WWhwYnVlTFdRSXBPQm9IbGV4RGVuWHJwRDZ5ME96U0xtRFR6ZEhIVXI0Nlg3dWZ6ZU8xdVpXQ2hsUFBPTmdjM0ZwUTN5cExhM1RMTWZ5WHFFMXBZMmI3VlF2UUpVZlFmcHAtZi1YdFBiYmttdlI4NllreUV3VlhqMi1HVS1yRmx2b0IwUWU0M0FUc3EwNzQ?oc=5) · bloomberg.com · 2026-10-30

## Open data shown on the globe

- Inflation · Our World in Data · World Bank