Uganda’s consumer inflation accelerated to 5.8% in October from 4.6% in September, reaching its highest level in three years as the shilling’s decline increased import costs. Food inflation surged to 10.7% from 4.5%, while higher energy and food prices drove the broader increase. Core inflation, which excludes more volatile price components, rose to 4.4% from 3.7%. The shilling has fallen almost 15% against the dollar since June, trading at about 4,245 per dollar on Friday compared with 3,614.50 at the end of 2025. Uganda’s central bank raised its policy rate to 12% from 9.75% earlier this month, increased banks’ reserve ratio and intervened in the foreign-exchange market, according to local traders, to curb dollar demand and inflation pressures.