Uganda Posts Better Economic Outlook for October 2025

The Ministry of Ministry of Finance, Planning and Economic Development (MoFPED) has released data indicating a positive economic outlook for the month of October, 2025 as compared to the previous month.

The Ministry says that in October 2025, the Shilling appreciated by 1.3 percent to an average mid-rate of Shs 3,463.86/USD from Shs 3,507.79/USD recorded in September 2025.

It attributes this performance to mainly increased foreign exchange inflows from offshore investors, remittances, and export receipts particularly coffee, which outstripped demand for the US dollar.

Additionally, Annual headline inflation decreased to 3.4 percent in October 2025 from 4 percent in September 2025 as both annual core and food crop inflation reduced. This was mainly on account of a decline in prices of foods like bread, eggs, cassava, passion fruits, oranges and onions among others.

Meanwhile, Uganda’s merchandise exports were valued at USD 947.33 million in September 2025, representing a 35.8 percent increase from USD 697.60 million recorded in September 2024.

This growth was largely driven by higher receipts from commodities such as gold, coffee, base metals & their products, sugar, cocoa beans, crude oil (excluding petroleum products), oil re-exports, as well as fish and fish products.

Coffee prices have stabilized at good rates fetching the following per Kg in Uganda Shillings; Kiboko 6,000-6,500, FAQ 13,000-14,000, Arabica Parchment 16,000-16,500 and Drugar Coffee (Clean)16,000-16,500