Inflation in Uzbekistan

Uzbekistan Inflation | Economic News & Forecasts

Uzbekistan - Inflation

The economy seemingly faced headwinds in Q3, after GDP grew at a solid pace in Q2. Externally, merchandise exports contracted in July–August, as a decline in gold prices led the Central Bank to postpone the sale of the yellow metal at the start of the quarter. On the domestic front, lockdown measures were gradually reimposed from late June, with all regions placed under the highest level of restrictions in August. That said, industrial output gained steam and construction activity picked up in July–August, while robust retail trade, transportation and financial services activity in the same period should have bolstered the services sector, despite the tougher restrictions. Moreover, some easing of measures through September bodes well for momentum heading into Q4. In other news, presidential elections will take place on 24 October, with incumbent Mirziyoyev expected to remain in power.

Uzbekistan - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)8.5  8.8  13.9  17.5  14.5  

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Uzbekistan Inflation Chart

Uzbekistan Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: SESRIC

Uzbekistan Facts

Value Change Date
Exchange Rate9,5160.0 %Dec 31

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