Uzbekistan records September inflation of 9.2% y/y and 1.2% m/m

By Muzaffar Ismailov in Tashkent October 2, 2023

Uzbekistan has recorded September inflation of 9.19% y/y and 1.2% m/m, according to official data.

Inflation in the year to the end of 9M23 came in at 5.13%, the lowest nine-month reading recorded in five years.

Food prices in September rose by 1.8%, the highest figure seen in the first month of autumn in recent years. However, the 11% y/y figure was the lowest since 2019.

Cereals (5%), fruits and nuts (2.3%) and dairy products (2.2%) rose the most among food products month on month.

Inflation slowed slightly in services to 0.6% m/m and 8.2% y/y. Catering prices in September moved up by 0.6% m/m and hotel accommodation prices by 0.2% m/m.

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