Inflation in Uzbekistan hit 13.4% in September, with prices for fuel, meat, and dairy products jumping the most

SOCIETY 14:08 / 17.10.2024 898

The Central Bank's survey results indicate that the inflation rate perceived by the public was 13.4%. Regionally, the highest inflation was recorded in Tashkent city at 15.4% and in Andijan region at 14.6%. In contrast, the lowest inflation rates were observed in the Fergana (12.1%) and Navoi (12.2%) regions.

Respondents predominantly pointed to significant price increases for meat and milk, alongside gasoline and fuel. Additionally, there was a marked rise in the perception of price increases for medicines (29%) and rental costs (18%) throughout the month.

Among individuals with monthly incomes exceeding 5 million UZS, the perceived inflation rate was higher than the national average. Specifically, those earning over 15 million UZS reported an inflation rate of 15.4%. Conversely, respondents earning up to 2 million UZS experienced a comparatively lower perceived inflation rate of 12.8%.

In Surkhandarya and Andijan regions, 35% of respondents reported inflation rates exceeding 17%, while in Tashkent city, this figure reached 33%.

Earlier reports indicated that the annual growth rate of prices in the consumer sector for September was 10.46%. The disparity between the perceived inflation and the official rate stood at 2.9%.

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