Central Bank publishes a review of inflation expectations
According to the results of the November survey, inflation expectations of the population amounted to 15.3%, and businesses – 14.3%. Representatives of the population indicated the devaluation of the currency rate (51%), and business entities indicated the increase in the prices of fuel products and transport services as the main factors causing the price increase.

Photo: Kun.uz
The Central Bank announced the review of inflation expectations of the population and business entities for November.
According to it, the population’s inflation expectations increased by 0.2% compared to October and amounted to 15.3%.
In November, the percentage of respondents who expect inflation to be around 13-16% in the future has increased significantly.
The population believes that the following factors will affect future price increases:
• currency depreciation (51%);
• increase in the price of fuel and energy resources (38%);
• increase in the price of basic food products (37%).
In addition, factors such as artificial increase of prices (35%), increase of wages and benefits (28%), increase in housing and rental fees (22%), high difference between prices in supermarkets and markets (11%) also had a significant impact on the population’s inflationary expectations.
Inflationary expectations of business entities
According to the results of November, the expectations of the respondent business entities regarding price growth for the next 12 months made 14.3% and increased by 0.3% compared to the previous month.
Business representatives believe that the following factors will affect the price increase:
• increase in prices of fuel products and transport services (50%);
• currency depreciation (48%);
• increase in the price of imported raw materials and components (32%).
Also, the percentage of entrepreneurs who expect an increase in wages and allowances, interruptions in the supply of raw materials from abroad, and a worsening of the economic competitive environment has significantly increased compared to last month.
Recommended
List of streets and intersections being repaired in Tashkent published
SOCIETY | 19:12 / 16.05.2024
Uzbekistan's flag flies high on Oceania's tallest volcano
SOCIETY | 17:54 / 15.05.2024
New tariffs to be introduced in Tashkent public transport
SOCIETY | 14:55 / 05.05.2023
Onix and Tracker cars withdrawn from sale
BUSINESS | 10:20 / 05.05.2023
Latest news
-
Uzbekistan’s population reaches 37.7 million: Men slightly outnumber women
POLITICS | 14:06 / 05.04.2025
-
EU commits to long-term cooperation with Central Asia on transport, energy, and innovation
POLITICS | 14:03 / 05.04.2025
-
Investigation closed: Authorities deny torture after man taken for interrogation dies in custody
SOCIETY | 13:10 / 05.04.2025
-
Greenery disappears as road expands: Tree uprooting in Boysun sparks public outcry
SOCIETY | 13:08 / 05.04.2025
Related News

13:07 / 02.04.2025
Central Bank reports moderate strengthening of UZS in early 2025

17:57 / 01.04.2025
Annual inflation hits 10.3% in March

13:44 / 01.04.2025
Uzbekistan’s trade deficit reached $17.4 billion in 2024 – Central Bank

16:21 / 29.03.2025