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In August, inflation in Uzbekistan was 0.4%, and the annual rate decreased to 8.7%

Following two months of price reductions in August, inflation in Uzbekistan rose once more, according to data from the National Statistics Committee.

Фото: Sputnik.uz

Why is this important

The price trends directly mirror the population’s purchasing power and the success of measures to control inflation. The deceleration in annual growth suggests the economy’s stabilisation, despite seasonal variations.

What happened

  • August: +0.4% (in August 2024 — +0.5%);
  • From the start of 2025: +4.5%.
  • Annual inflation: 8.7% (June–July — minimum of 8.7%, a year ago — 10.5%)

Excluding fruits and vegetables:

  • per month — +0.4%,
  • since the beginning of the year — +6.1%,
  • in annual terms — +9.6%;

By categories:

  • food products — +0.6% (annual growth +6.7%),
  • non-food goods — +0.3% (+6.6%),
  • services — +0.3% (+16.2%);

Regions:

  • The Bukhara region experienced the highest growth in August. (+0,7%),
  • Since the start of the year, Surkhandarya and Fergana regions have been in the lead. (+5%),
  • The lowest growth was observed in Tashkent (+3.9%).
  • annual leader — Fergana region (+9,7%).

Context

The authorities aim to keep inflation between 8-9% by the end of the year. The main pressures originate from food products and the service sector.

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