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Uruguay says July inflation was 0.52%, 7.3% over past 12 months

·1 min read

MONTEVIDEO, Aug 4 (Reuters) - Uruguayan consumer prices rose 0.52% in July, a figure that came in under market expectations after inflation of 0.63% was registered in the previous month, the National Institute of Statistics said on Wednesday.

Analysts expected inflation of 0.64% for July, according to the median forecast given in recent a poll by the central bank.

In the first seven months of the year Uruguay's consumer price index increased 5.3% and accumulated 7.3% in the 12 months through July, the institute said.

Market analysts expect inflation in Uruguay of 7.1% this year after registering 9.4% in 2020. (Reporting by Fabian Werner; writing by Hugh Bronstein; Editing by Sandra Maler)