Pecohub The Bank of Uganda (BoU) has retained its benchmark Central Bank Rate (CBR) at 9.75%, maintaining its accommodative monetary policy stance amid a stable inflation outlook.
The decision was announced on Monday by the Governor of the Bank of Uganda following the latest monetary policy review.
The move reflects the central bank’s confidence that current policy settings are sufficient to support economic activity while keeping inflation anchored around its medium-term target.
The CBR has now been held at 9.75% since October 2024, signalling policy continuity as inflation remains well below the central bank’s threshold and underlying price pressures stay contained.
Uganda’s inflation environment continues to provide room for growth-supportive monetary policy, with headline figures remaining modest despite a slight uptick at the start of the year.
Underlying inflationary pressures are described as contained, supported by relatively stable food prices and improved supply conditions.
Overall, the data suggests that while inflation has edged higher, it remains subdued enough to allow the central bank to prioritise economic growth without compromising price stability.
