KAMPALA, Jan 31 (Reuters) - Uganda's inflation edged down in January as food and transport prices fell but the modest decline and persistent core inflation meant policymakers meeting next week were seen as unlikely to cut interest rates.
The Uganda Bureau of Statistics (UBOS) said on Thursday that year-on-year inflation had eased to 4.9 percent in January from a revised 5.3 percent a month earlier.
The core rate of inflation - which excludes food crops, fuel, electricity and metered water, and is targeted by the central bank - rose to 5.6 percent from 4.6 percent in December.
Analysts said the small decline in prices was unlikely to prompt the central bank to resume monetary easing after leaving the policy rate unchanged at 12 percent this month, in part to support a weak currency.
Uganda's central bank held interest rates on Jan. 3, as it treads a path between managing inflation and supporting an economic upturn it said was likely to bring more cuts borrowing costs in the coming year.
Hunger, misery and sadness are not words strong enough to describe the scenario. You can see the loss of dignity and the pain of exposure to nature's elements and the obvious worry of being exposed to diseases.
Although the flooding is subsiding in some areas, it is still too early for anyone to return home. Many people are still marooned roofs waiting to be rescued.
Children crying are heard everywhere, and the cause of their misery is called hunger.
"I don't have anything to give them," says Flora Chauque, a mother of six. The youngest one is just one 18 months old. Her possessions are now just two pots, a gallon to fetch water, and two bed sheets used to cover her children during the night.
"The only food I could take with me was only 12 kilos of maize flour," Flora says. "Unfortunately, we finished it today and if we don't have support, I don't know what I will give to the children," she added with wet eyes.Flora is also concerned about her children's exposure to mosquito bites: "Just look at my Esmenia. She is full of bubbles on her face as result of mosquito bites. If we could have at least tents, dishes, buckets and mosquito nets, the situation would be minimized until we are able to go home."