Why is this important
The rising prices of essential goods and services are deteriorating the population’s purchasing power, especially with the steady rise in prices for utilities, transport, and education. Understanding price increases leaders is important for a targeted stabilization policy.
What happened
- The consumer price index (CPI) for August increased by 0.4% over the month, and by 8.8% year-on-year.
- Food products rose by 0.6% (annual growth — 6.7%), non-food items by 0.3% (+6.6%), and services by +0.3% over the month, with an annual increase of 16.2%.
What’s the most expensive in a year:
- Products: carrots (+69.1%), cabbage (+46.5%), onions (+40.1%), potatoes (+32%), lamb (+28.5%), cottonseed oil (+39.4%).
- Non-food goods: rings — +33.2%, methane — +31%.
- Services: driving schools — +71.3%; domestic air transportation — +59.5%; utilities, cold water, garbage collection, and kindergartens also saw significant increases.
Context
Without taking into account fruit and vegetable products, annual inflation is slightly higher — about 9.6%. Price growth is different in the regions: Fergana region — 9.7% of annual inflation.
The previous year’s inflation rate was higher — around 10.5%. Now there is a slowdown, but prices for certain categories continue to rise rapidly.
