Uzbek inflation edges down 0.29% in June

By Muzaffar Ismailov in Tashkent July 2, 2023

Consumer price index (CPI) inflation in Uzbekistan in June was 9.03% y/y and -0.29% m/m, according to national statistical committee data.

The annual figure is the lowest seen in 12 months.

Inflation in the year to date (to end-June) stood at a five-year-low of 3.45%, equating to an average increase of 0.57% per month. In the same period last year, it was 6.5%.

In the three main categories of food, non-food products and services, June prices fell by around 0.3%, compared to 1.1% in May.

Among food products, prices for rice (2.8%), soft drinks (1.3%), meat (1.1%), fish (0.8%) and sugar (0.7%) rose the most in June. Vegetables fell in price by an average of 13.8%, fruits and nuts by 2.3% and oils and fats by 1.3%.

Manufactured goods inflation stood at 3.1% for January to June and 7.9% y/y.

Fuels in June rose by an average of 2.2%, with propane inflation 0.7%.

Medicine prices moved up 0.5% in the month and were higher by 16.6% y/y.

Related Articles

Report says explosion hit pipeline that delivers Turkmen gas to Russia, but Turkmenistan no longer sells gas to Moscow

Ukrainian outlet Kyiv Post on August 2 reported sources within Ukraine's Main Military Intelligence Directorate (GUR) as stating that an explosion in Russia disabled a section of ... more

New agreement provides for more than 1,000 weekly flights between Uzbekistan and Russia

Uzbekistan and Russia have struck an agreement under which the number of weekly direct flights between the two countries can be more than tripled to more than 1,000 per week, according to ... more

Construction work on $4.6bn Trans-Afghan Railway could reportedly be under way within six months

Construction work on the proposed Trans-Afghan Railway could be under way within six months, while the project could cost around $4.6bn to deliver and cut shipping transit times from Uzbekistan to ... more

Dismiss