yes.acceleration means change of velocity and not speed to be more precise.in a circular motion with constant speed the particle or the object constantly changes its direction.the direction of velocity is directed along the direction of the tangent at that point.although speed remains constant the velocity changes infinite number of times.so the particle is said to be accelerating.there is always instantaenous acceleration.but the average acceleration becomes zero after every round because velocity becomes the same after every round.
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