August inflation in Uzbekistan 0.5% m/m and 9% y/y

By Muzaffar Ismailov in Tashkent September 5, 2023

Uzbekistan’s headline inflation in August rose slightly to 8.96% y/y, while monthly inflation was 0.54% m/m as a two-month-long deflationary trend came to an end.

Inflation in the year to date (YTD) measured 3.84%, the lowest figure recorded in five years. On average, prices grew by 0.5% per month.The gasoline price in August rose by 4.2%.

Food inflation in the eighth month amounted to 0.6%, meaning food prices were up by 3.7% YTD and by 10.6% in the past 12 months.

In food product categories for August, the strongest price increase was logged for vegetables. They grew 3.7%. Dairy product and egg prices moved up 1.9%.

Manufactured goods in August became 0.4% more expensive, taking the YTD increase to 7.3%.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Russia’s expulsions of migrants reportedly nearly double in 2024 to around 80,000

Russia in 2024 expelled more than 80,000 migrants for immigration rule violations, compared to 44,200 in 2023 and 26,600 in 2022, TASS reported on January 8. The Russian state news agency cited a ... more

Kazakhstan’s transit of Russian oil to Uzbekistan and China amounts to 10.2mn tonnes in 2024

Russia’s transit of oil through Kazakhstan’s pipeline system, operated by main pipeline operator KazTransOil, to China and Uzbekistan totalled 10.21mn tonnes in 2024, ... more

World Bank must wake up to Rogun mega dam “nightmare” in Tajikistan, say activists ahead of financing vote

The World Bank has to realise that the Rogun mega project “dream of the biggest dam [in the world] will turn into a nightmare for the people and nature in Tajikistan and beyond” and that it ... more

Follow Us On

Most Read

  1. Kaliningrad becomes an energy island after Baltic States cut Russian grid connection
    1 month ago
  2. Briefings reveal Nato chief called on EU and Turkey to improve relations amid pressing security concerns
    2 days ago
  3. Poland's adjusted income to overtake Japan's by 2026
    7 months ago
  4. Iran strikes oil deposits estimated at 5bn barrels worth $346bn
    2 days ago
  5. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    10 months ago
  1. Ukraine doesn't have any rare earth metals, and the strategic minerals it does have are not worth trillions of dollars
    18 days ago
  2. US administration 'misinformed about Romanian elections', says presidential candidate Nicusor Dan
    17 days ago
  3. Putin says sanctions have strengthened, not weakened, Russian economy
    20 days ago
  4. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    10 months ago
  5. Kaliningrad becomes an energy island after Baltic States cut Russian grid connection
    1 month ago

Reports

Dismiss