Monthly and annual inflation rates in Uzbekistan showed a slight decline in April, according to the Statistics Agency. Consumer prices increased by 0.7% in April, down from 0.9% in March.
A similar 0.2% decrease was also noted when compared to April 2024. However, cumulative inflation since the beginning of the year accelerated to 2.9%, up from 2.6% a year earlier.
Annual inflation stood at 10.1% in April, marginally lower than in March, yet still 2 percentage points higher than the same period last year.
Tashkent and Karakalpakstan recorded the highest annual inflation rates at 11%, while the Syrdarya region saw the lowest increase at 8.4%. On a monthly basis, the Fergana and Namangan regions led with a 0.9% price rise.
Food prices rose by 0.8% in April, with annual food inflation reaching 4%, mainly driven by a 2.5% surge in prices for oil and fat products. Vegetable oils jumped by 3.2%, while margarine rose by 1%.
Meat prices increased by 1.5%, particularly lamb and beef, while fruit prices saw a seasonal rise of 1.7%. Conversely, rice prices declined by 0.7%, and prices for vegetables and legumes fell by 0.5%.
Inflation in industrial goods slowed to 0.6% monthly and 6.7% annually. Prices for clothing and footwear rose slightly by 0.2%, and household appliances and goods increased by 0.3%.
Fuel prices were mixed: methane for vehicles rose by 2.6%, gasoline fell by 0.4%, and propane dropped sharply by 8.7%.
The services sector saw the sharpest monthly price growth at 1%, pushing annual service inflation to 26.1%. This reflects the impact of tariff hikes implemented in May 2024.
Housing and communal services prices rose by 2.2%, largely due to regional tariff increases — including water supply and sewerage in the Samarkand region, hot water and heating in Navoi, and garbage collection in Fergana.
Transportation and communication services also saw notable increases: passenger flights surged by over 5%, while car and train travel rose by 1.3%. Mobile phone tariffs climbed by 2.5%.
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