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Prices of major goods are beginning to increase again, threatening a recovery in purchasing power and economic growth.

In the 12 months to April, Uganda Bureau of Statistics (Ubos) data indicates that fuel, a key driver of inflationary pressures, registered increases, with a litre of petrol rising by 6.9 percent from Shs5,086 to an average of Shs5,457, while diesel rose by 0.5 percent to Shs5,117 from Shs5,089 per litre.

Other commodities that continue to register an increase in prices include mukene or silverfish, whose price has increased by Shs3,560 for every kilogramme to Shs18,831 from Shs15,271.

The price of onions has almost doubled in the 12 months, with a kilogramme now going for Shs5,852 from Shs2,880 in April 2023, while pineapples have seen their price increase from Shs1,462 to Shs1,805.

However, some commodities, whose prices had escalated last year, are beginning to reduce with laundry soap and refined cooking oil being the most outstanding.

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