Wednesday, 29, January, 2020

The consumer index in Uzbekistan in 2019 topped 15.2%, the State Statistics Committee said in a report, while in 2018 it was at 14.3%.

In general, in the year-end, food products became more expensive by 18.6%, while non-food items rose by 10.9%, services - by 15.2%.

The annual inflation rate coincides with the Central Bank’s projection of November last year betwen 13.5-15.5%.

From January 1 2020, the Central Bank switches over to inflation targeting with a constant inflation target of 10% in 2021 and 5% in 2023. According to the main scenario of economic development, inflation in 2020 will be in the range of 12–13.5%.

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