Money Supply Update - Uganda (August)
UgandaWatch: Uganda’s September CPI is 4.6%/yr, up from 4.1%/yr in August.
Broad money supply slightly rose by 18.8%/yr in #August from 16.1%/yr in June. M3 broad money growth is still well above Okware’s Optimal Growth Rate (OGR) of 11.4%/yr +/-2 is consistent with BOU 5%/yr medium target.
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