Materials with tag «inflation»
Uzbekistan’s March monthly inflation is below 1%, annual rate drops below 8% first time since May 2016
Uzbekistan saw an eight-year low inflation rate of 0.67% in March, with annual inflation dipping below 8%. Meat prices fell for the fifth consecutive month, the cost of milk, sugar, flour, potatoes, onions, carrots, gasoline, air travel, and rail transportation increased, the Statistics Agency says.
Uzbekistan records lowest inflation in 2023 since 2016
Inflation in Uzbekistan made up 8.77% in 2023, lowest since 2016. During the year, rice price grew by 38.7%, meat by 9.3%, milk by 13.3%, eggs by 11.7%, sugar by 11%. Gasoline prices increased by 19.1%, propane (as car fuel) by 29.4%.
Uzbekistan’s inflation rate in April was 0.8%
Food prices in Uzbekistan increased by 1.2% in April 2023, while non-food prices increased by 0.5% and services increased by 0.5%. The largest increase in food prices was for tomatoes, which rose by 21.3%, followed by rice (14.1%), carrots (13.2%), and sugar (10.5%).
In January, inflation expectations in Uzbekistan reach highest levels since July 2020
After a three-month hiatus, Central Bank resumed releasing data on inflation expectations for households and businesses. In January, household expectations reached 18.9%, and businesses 18.7%, marking the highest levels since July 2020. By March, expectations significantly decreased to 14.1−14.4%.
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