Uganda Bureau of Statistics has released the producer price indices for manufactured goods produced for local consumption indicating an increase in prices.
According to the Uganda bureau of statistics senior statistician William Anguyo, goods produced for local markets experienced an increase of 17% in January in 2011.
Anguyo attributed the rise in prices for to general increase in prices in oil sectors. He says notable increase of 7.2% was registered in paper products and was attributed to news price of raw materials such
as paper news print, light and labour costs.
Anguyo added that an increase in prices of processed food was due to an increased in prices of sugar, bakery products and growing flour products which also greatly impacted on the prices of locally
manufactured goods.
Ultimate Media