MONTEVIDEO Jan 3 Uruguayan consumer prices rose
8.52 percent in 2013, outpacing the government's 6 percent
target ceiling but undershooting the 8.86 percent forecast by
analysts, the country's official statistics office said on
It was the third year in which the South American country
failed to hit its full-year inflation target of 4 to 6 percent.
Uruguay registered 7.48 percent inflation in 2012. For 2014 the
target range has been loosened to between 3 and 7 percent.
Consumer prices declined 0.72 percent in December due to
lower electricity and food prices, more than the overall 0.41
percent decline expected by the market, according to the most
recent central bank poll of economists.