According to the regional organization SESRIC, Turkmenistan’s inflation averaged 17.5% in 2022 (2021: 14.9%) due to stronger price pressures for energy and food imports. This year, price pressures should wane but stay in double digits. Commodity price surges, the possible end of state-administered prices and lower agricultural yields amid unfavorable weather pose upside risks.
Turkmenistan Exchange Rate (TMT per EUR, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (TMT per EUR, eop) | 4.2 | 4.0 | 3.9 | 4.3 | 4.0 |