SEARCH RESULTS: 199

EDB projects 10.3% GDP growth for Kyrgyzstan; inflation remains high in Uzbekistan and Kazakhstan Uzbekistan

EDB projects 10.3% GDP growth for Kyrgyzstan; inflation remains high in Uzbekistan and Kazakhstan

... Kyrgyzstan; inflation remains high in Uzbekistan and Kazakhstan ... Review highlights persistent inflation in Uzbekistan (8.7 ... inflationary pressures in Uzbekistan and Kazakhstan, and ... expansion. In Uzbekistan, annual inflation remained unchanged at ... analysts. However, inflation components moved in ... while non-food inflation slowed to 7 ... in both headline inflation and forward- ... looking indicators. Inflation climbed to 11 ... in May, while inflation expectations jumped to ... acceleration. However, returning inflation to the target ...
Uzbekistan residents worry over utility and fuel costs as Central Bank survey shows mixed inflation expectations Uzbekistan

Uzbekistan residents worry over utility and fuel costs as Central Bank survey shows mixed inflation expectations

... shows mixed inflation expectations Inflation expectations in Uzbekistan declined ... increases and varying inflation perceptions across income ... overall inflation expectations have eased slightly in Uzbekistan ... latest survey on inflation perceptions and forecasts ... June. The highest inflation expectations among population ... (12%). Source: Daryo Inflation continued to be ... ) experienced the lowest inflation rate at 11 ... a decline in inflation expectations, which dropped ... 2024. The annual inflation rate remained stable ...
Uzbekistan’s annual inflation holds steady at 8.7% in June Uzbekistan

Uzbekistan’s annual inflation holds steady at 8.7% in June

Uzbekistan’s annual inflation holds steady at ... 2025, while annual inflation remained steady at ... last year. Annual inflation at the end ... in June 2024. Uzbekistan experienced seasonal deflation ... previous month, when inflation had sharply increased ... 1.5%. Annual inflation in May slowed ... 12 months, food inflation stood at 6 ... ) projected that inflation in Uzbekistan will decline from ...
Fitch raises Uzbekistan’s rating to ‘BB’ Uzbekistan

Fitch raises Uzbekistan’s rating to ‘BB’

... Russia remain significant, Uzbekistan continues to cooperate ... peers. Source: Daryo Inflation Management and Financial ... Sector Stability Inflation, while still elevated ... driven by lower inflation in services, which ... Bank of Uzbekistan has continued implementing inflation targeting ... governance. On governance, Uzbekistan continues to face ... Bank Governance Indicators, Uzbekistan ranks in the ... reflects expectations that Uzbekistan will maintain reform ... commodity dependence, high inflation, and institutional weaknesses ...
IMF warns Uzbekistan’s economic growth could mask mounting risks without deeper reforms Uzbekistan

IMF warns Uzbekistan’s economic growth could mask mounting risks without deeper reforms

... for tomorrow’s fragility. Uzbekistan has been praised ... fiscal discipline tightens, inflation expectations stabilize, and ... -based.” Source: Daryo Inflation: A Persistent Undercurrent ... Inflation has remained stubbornly ... March 2025, core inflation stood at 8 ... 2% in April. Inflation expectations among households ... 2027 to bring inflation back to the ... flexibility and complicating inflation control. The IMF ... a debt-driven, inflation-prone path.” The ... and financing tightens, Uzbekistan must decide whether ...
Uzbekistan’s economy to grow 5.9% in 2025 and stabilize at 5.7% by 2030, says IMF Uzbekistan

Uzbekistan’s economy to grow 5.9% in 2025 and stabilize at 5.7% by 2030, says IMF

... expansion and moderate inflation. Inflation is forecast to ... Growth Momentum but Inflation and External ... liberalization, and privatizations—Uzbekistan has achieved solid ... Central Bank of Uzbekistan (CBU) to ... expansion and moderate inflation. Inflation is forecast ... and Reform Needs Uzbekistan has taken steps ... Privatization Efforts in Uzbekistan Uzbekistan’s banking sector ... Shavkat Mirziyoyev’s “New Uzbekistan” agenda, with a ... properties like Hotel Uzbekistan put up for ... To accelerate progress, Uzbekistan has set targets ...
Moody’s revises Uzbekistan’s credit outlook to positive, affirms Ba3 rating Uzbekistan

Moody’s revises Uzbekistan’s credit outlook to positive, affirms Ba3 rating

... Confidence Since 2024, Uzbekistan has introduced major ... —although contributing to inflation—demonstrate the government’s ... transportation under the Uzbekistan 2030 Strategy, remains ... risk. Despite progress, Uzbekistan faces structural challenges ... growth expectations for Uzbekistan. The country’s GDP ... . These forecasts place Uzbekistan among the top ...
Uzbekistan holds policy rate at 14% to curb inflation Uzbekistan

Uzbekistan holds policy rate at 14% to curb inflation

... curb inflation The Central Bank of Uzbekistan has ... a medium-term inflation target of ... Central Bank of Uzbekistan has decided to ... decline in headline inflation over the ... that while headline inflation declined slightly in ... remain elevated. Core inflation, which excludes volatile ... slowdown in headline inflation, both household and ... remain above current inflation levels, signaling continued ... risks to domestic inflation. However, strong ... demand and controlling inflation. The Board emphasized ... goal of reducing inflation to the ...
Uzbekistan’s annual inflation falls to 8.7% despite sharp monthly price rise Uzbekistan

Uzbekistan’s annual inflation falls to 8.7% despite sharp monthly price rise

Uzbekistan’s annual inflation falls to 8. ... May, Uzbekistan saw the highest monthly inflation increase ... in the annual inflation rate, Uzbekistan experienced a ... sharp rise in monthly inflation ... Committee. The monthly inflation rate hit 1 ... . Meanwhile, the annual inflation rate eased to ... sector. The fastest inflation growth was seen ... in Karakalpakstan. Annual inflation in May also ... heavily to the inflation spike. Since May ... fares on domestic Uzbekistan Airways flights. Mobile ...
Uzbekistan's inflation expectations remain steady at 14.2% in April 2025 Uzbekistan

Uzbekistan's inflation expectations remain steady at 14.2% in April 2025

... April 2025, inflation expectations in Uzbekistan remained unchanged ... Central Bank of Uzbekistan. Source: Daryo ... Other sectors with inflation expectations higher than ... Bank The highest inflation expectations were recorded ... Other regions with inflation expectations higher than ... Among business entities, inflation expectations decreased slightly ... (13%). The highest inflation expectations for businesses ... the population’s perceived inflation rate increased slightly ... regions where perceived inflation exceeded the national ...
Uzbekistan’s GDP to grow 6.6% in 2025, with ADB forecasting 6.7% expansion in 2026 Uzbekistan

Uzbekistan’s GDP to grow 6.6% in 2025, with ADB forecasting 6.7% expansion in 2026

... Country Director for Uzbekistan. "With ongoing improvements ... and regional integration, Uzbekistan is positioned to ... a decrease in inflation to 9.4 ... imported goods. However, inflation in services surged ... . Source: Google Images Inflation is projected to ... a landlocked nation, Uzbekistan depends significantly on ... ADB in 1995, Uzbekistan has received a ... % in 2026, with inflation projected at 8 ... % in 2026, with inflation reaching 6.0 ... % in 2026, with inflation at 6.0 ... % in 2026, while inflation is expected to ...
EBRD investments in Uzbekistan surpass €5bn, with nearly €1bn injected in 2024 Uzbekistan

EBRD investments in Uzbekistan surpass €5bn, with nearly €1bn injected in 2024

EBRD investments in Uzbekistan surpass €5bn, with ... Shavkat Mirziyoyev of Uzbekistan met with EBRD ... Shavkat Mirziyoyev of Uzbekistan and EBRD President ... strategic partnership between Uzbekistan and the EBRD ... Partnership Strategy for Uzbekistan was also highlighted ... attracting investment to Uzbekistan. Photo: Both ... EBRD's strategy in Uzbekistan supports various reforms ... transition. In 2024, Uzbekistan contributed €10mn to ... industrial production surged. Inflation peaked at 10 ... bank targeting 5% inflation by 2026. The ...
Uzbekistan, EBRD discuss new investment initiatives Uzbekistan

Uzbekistan, EBRD discuss new investment initiatives

Uzbekistan, EBRD discuss new ... , and Trade of Uzbekistan, met with Andi ... ) Representative Office in Uzbekistan, to discuss ongoing ... aligned with the Uzbekistan 2030 strategy. Both ... the President of Uzbekistan. Kudratov emphasized the ... been investing in Uzbekistan since 1992, making ... EBRD's strategy for Uzbekistan focuses on supporting ... sector by 2050. Uzbekistan also contributes to ... production expanding rapidly. Inflation peaked at 10 ... aims for 5% inflation by 2026. Earlier ...
High cost of inaction: Why climate investment is an economic imperative Uzbekistan

High cost of inaction: Why climate investment is an economic imperative

... and Climate Action Uzbekistan faces significant environmental ... Cluster is assisting Uzbekistan in expanding its ... -induced hazards. Photo: Uzbekistan is expanding renewable ... emissions Source: Daryo Uzbekistan Expands Green Investment ... Efforts Uzbekistan is transitioning to ... reducing emissions. The Uzbekistan Direct Investment Fund ... April 1. Economically, Uzbekistan aims for 6 ... , and a controlled inflation rate of 5 ...
Uzbekistan raises policy rate to 14% Uzbekistan

Uzbekistan raises policy rate to 14%

... Central Bank of Uzbekistan raised the policy ... rising demand, and inflation expectations, aiming to ... inflationary pressures, rising inflation expectations, and growing ... aims to contain inflation expectations and address ... the medium-term inflation target of 5 ... of 2025, headline inflation has increased slightly ... heightened inflation expectations. In February, household inflation expectations ... business entities projected inflation at 13.8 ... contributed to rising inflation in the services ... of bringing headline inflation down to 7 ...
Uzbekistan tops CIS in beef prices, ranking 91st globally in March 2025 Uzbekistan

Uzbekistan tops CIS in beef prices, ranking 91st globally in March 2025

Uzbekistan tops CIS in ... in March 2025 Uzbekistan has the highest ... costing $8.1. Uzbekistan has become the ... March 7, 2025, Uzbekistan ranks 91st out ... $8.1. Photo: Uzbekistan ranks 91st globally ... high demand. In Uzbekistan, meat products have ... the highest monthly inflation rate for this ... , with annual food inflation reaching 2.9 ...
Uzbekistan's GDP growth expected to moderate to 6% in 2025 and 2026, EBRD forecasts Uzbekistan

Uzbekistan's GDP growth expected to moderate to 6% in 2025 and 2026, EBRD forecasts

... in Kazakhstan and Uzbekistan, with growth expected ... in Kazakhstan and Uzbekistan, according to the ... sector. However, inflation picked up in ... against external shocks. Uzbekistan Uzbekistan's economy remained ... Central Bank of Uzbekistan expects inflation to decline ... Government portal of Uzbekistan Kazakhstan Kazakhstan’s economy ... oil output. Inflation in Kazakhstan reached ... -digit growth. Inflation dropped to 3 ... investment. Although inflation data is not ... ‘connector’ economies, including Uzbekistan, have risen significantly ...
Uzbekistan sets path for green growth with environmental initiatives Uzbekistan

Uzbekistan sets path for green growth with environmental initiatives

Uzbekistan sets path for ... with environmental initiatives Uzbekistan outlines ambitious green ... . The President of Uzbekistan, Shavkat Mirziyoyev, adopted ... the country. Photo: Uzbekistan prioritizes ecological protection ... also targets controlling inflation at 5%, maintaining ... national companies like Uzbekistan Airways and Uzbekneftegaz ... its green initiatives, Uzbekistan plans to create ...
Uzbekistan's annual inflation climbs to 9.89% in January 2025, up from 8.58% Uzbekistan

Uzbekistan's annual inflation climbs to 9.89% in January 2025, up from 8.58%

Uzbekistan's annual inflation climbs to 9. ... 8.58% Uzbekistan's inflation saw a rise ... services. Uzbekistan saw a rise in inflation, with ... same period. Annual inflation for January 2025 ... lower than the inflation rate in 2023 ... 2023. Annual food inflation rose to 2 ... % to 0.8%. Inflation in the industrial ... growth. Annual service inflation reached 27%, driven ...
Central Bank of Uzbekistan maintains policy rate at 13.5% Uzbekistan

Central Bank of Uzbekistan maintains policy rate at 13.5%

Central Bank of Uzbekistan maintains policy rate ... policy to curb inflation Source: Daryo Recent ... have seen headline inflation decline, with the ... 2023. However, core inflation accelerated slightly in ... decline in core inflation and inflation expectations. This ... meet the 5% inflation target in the ... , significantly reducing headline inflation by mid-2025 ... upward pressure on inflation. Photo: Next policy ... in 2025 as inflation continues to decline ... stable decline in inflation. However, it signaled ...
World Bank: Uzbekistan’s GDP to grow by 5.8% in 2025 Uzbekistan

World Bank: Uzbekistan’s GDP to grow by 5.8% in 2025

... . The report positions Uzbekistan as one of ... ahead. In 2024, Uzbekistan achieved 6% GDP ... % annual increase. While Uzbekistan remains the fastest ... influence the region: Inflation: Although inflationary pressures ... commodity prices, core inflation remains elevated, posing ... economic performance in Uzbekistan and the broader ...
Why don't Uzbeks trust soum? Understanding ongoing preference for dollar Uzbekistan

Why don't Uzbeks trust soum? Understanding ongoing preference for dollar

... currency's stability. In Uzbekistan, US dollars ... many countries, including Uzbekistan. This widespread use ... to 2017, Uzbekistan had strict controls ... not dollars. In Uzbekistan, however, prices for ... exchange rate and inflation. This leads ... the rise. Notably, inflation has dropped from ... due to lower inflation, a relatively ... suggests that despite inflation above 10%, there ... currency is reducing inflation. When inflation is under ... when adjusted for inflation in our ... Bank regularly monitors inflation expectations from the ...
IMF: Uzbekistan leads with 6.5% GDP growth in 2024, CCA regional inflation down to 9.8% in 2023 Money

IMF: Uzbekistan leads with 6.5% GDP growth in 2024, CCA regional inflation down to 9.8% in 2023

... measures take effect. Uzbekistan, for instance, aims ... digits by 2025. Uzbekistan emerged as a ... stability and growth. Uzbekistan: Growth Amid Domestic ... Central Bank of Uzbekistan predicts inflating to ... IMF notes, “Inflation in Uzbekistan appears mostly driven ... fluctuations . Tajikistan: Tackling Inflation Through Price Controls ... stabilizing inflation. The IMF states, “Tajikistan’s inflation dynamics ... Policy : Countries like Uzbekistan and Kazakhstan must ... measures take effect. Uzbekistan, for instance, aims ...
Uzbekistan’s inflation forecast hits 14.4%, reaching two-year high Uzbekistan

Uzbekistan’s inflation forecast hits 14.4%, reaching two-year high

... Bank, the average inflation forecast for the ... 11.6% . Inflation expectations in Uzbekistan are on ... % . Regional variations in inflation expectations are notable ... %) reported the lowest inflation projections. The report ... also correlate with inflation expectations, with individuals ... drivers behind these inflation projections. Fuel price ... outlook. Among businesses, inflation expectations have risen ... expect more moderate inflation. The primary factors ... influencing business inflation projections include exchange ...
2024: A year of economic challenges and transformations in Uzbekistan Uzbekistan

2024: A year of economic challenges and transformations in Uzbekistan

... unprecedented inflation. Daryo Economic growth in Uzbekistan continued ... year, Uzbekistan witnessed unprecedented price inflation. Details of ... of citizens? Inflation Indicators for Uzbekistan Daryo The ... remains relevant in Uzbekistan, characterized by significant ... .6 billion to Uzbekistan. Economist Bahadir Ganiev ... unprecedented inflation” In 2024, Uzbekistan experienced unprecedented inflation, which ... budgetary organizations of Uzbekistan. This year, the ... population of Uzbekistan, according to statistics ...
Uzbekistan export revenues to grow 9–11% in 2025 Uzbekistan

Uzbekistan export revenues to grow 9–11% in 2025

Uzbekistan export revenues to ... Central Bank of Uzbekistan has released preliminary ... external debt. Photo: Uzbekistan export revenues to ... affect export revenues. Inflation and monetary policy ... : Rising global inflation and tighter monetary ...
Gas crisis in Uzbekistan: From exporter to importer Uzbekistan

Gas crisis in Uzbekistan: From exporter to importer

... in Uzbekistan: From exporter to importer Uzbekistan possesses ... January to October, Uzbekistan imported gas worth ... . Despite the shortage, Uzbekistan continues to export ... lower, confirming that Uzbekistan has transitioned to ... gas production in Uzbekistan has been declining ... In October 2023, Uzbekistan began importing gas ... n October 2023, Uzbekistan began importing gas ... production could leave Uzbekistan vulnerable in the ... cautioned that once Uzbekistan becomes reliant on ... will rise, driving inflation across the economy ...
Central Asia’s economic outlook strengthens: ADB projects 5.2% growth in 2025, led by Uzbekistan and Kazakhstan Uzbekistan

Central Asia’s economic outlook strengthens: ADB projects 5.2% growth in 2025, led by Uzbekistan and Kazakhstan

... 2025, led by Uzbekistan and Kazakhstan According ... the region’s economies. Uzbekistan: Driving Growth Through ... Investment Uzbekistan leads the region ... infrastructure development. Inflation and Projections : Inflation fell to ... remain strong, with Uzbekistan focusing on digital ... neighboring countries. Inflation Moderation : Inflation declined to 8 ... and Projections Inflation Moderation : Regional inflation is projected ... . As nations like Uzbekistan and Kazakhstan lead ...
Central Bank of Uzbekistan maintains policy rate at 13.5% Uzbekistan

Central Bank of Uzbekistan maintains policy rate at 13.5%

... Central Bank of Uzbekistan maintains policy rate ... Central Bank of Uzbekistan has decided to ... Central Bank of Uzbekistan decided to keep ... efforts to manage inflation and maintain economic ... price pressures. Photo: Inflation is decreasing at ... of the economy. Inflation expectations also remain ... higher-than-expected inflation projections. By the ... further influenced inflation expectations. Inflation expectations among ... supply and demand, inflation expectations, and the ... Oliy Majlis of Uzbekistan appointed Timur Ishmetov ...
Uzbekistan's inflation hits 8.7% in 11M24 Uzbekistan

Uzbekistan's inflation hits 8.7% in 11M24

... % in 11M24 Annual inflation at the end ... . Consumer prices in Uzbekistan increased by 0 ... of the year, inflation has reached 8 ... in 2022. Annual inflation at the end ... has forecasted that inflation will stabilize at ... the year, food inflation was recorded at ... services sector, monthly inflation was 0.8 ... %, while annual inflation reached 27.8 ... , the government of Uzbekistan released its macroeconomic ... that the country's inflation rate, estimated at ...
Turkmenistan tightens border controls to curb cross-border travel to Uzbekistan Uzbekistan

Turkmenistan tightens border controls to curb cross-border travel to Uzbekistan

... -border travel to Uzbekistan The heightened controls ... traveling to neighboring Uzbekistan, according to Eurasianet ... short trips to Uzbekistan for goods unavailable ... short trips to Uzbekistan, where goods are ... and necessities in Uzbekistan, viewing it as ... crisis, marked by inflation, shortages, and the ... are turning to Uzbekistan for basic necessities ...
Uzbekistan economic growth forecasts 6.0% in 2025, 6.3% by 2027 Uzbekistan

Uzbekistan economic growth forecasts 6.0% in 2025, 6.3% by 2027

Uzbekistan economic growth forecasts ... % by 2027 Uzbekistan's inflation rate is expected ... agricultural challenges. Inflation Managment Inflation reduction remains a ... priority. Although global inflation is projected to ... , most countries, including Uzbekistan, may not achieve ... until 2027. Uzbekistan's inflation rate is expected ... -2027 By 2027, Uzbekistan aims to position ...
Uzbekistan’s annual inflation climbs to 10.2% in October Uzbekistan

Uzbekistan’s annual inflation climbs to 10.2% in October

... Statistics Agency of Uzbekistan, the CPI experienced ... Sector Sees Unprecedented Inflation The services sector ... -year CPI increase, Uzbekistan faces significant inflationary ... stability. Central Bank inflation figures The Central ... Bank of Uzbekistan postpones Inflation Target of 5 ... of Uzbekistan has postponed its 5% inflation target ... Main Scenario projects inflation reduction, sustained global ... investment increases, with inflation anticipated to drop ... , like prolonged global inflation and economic fragmentation ...
Central Bank of Uzbekistan maintains key rate at 13.5% Uzbekistan

Central Bank of Uzbekistan maintains key rate at 13.5%

Central Bank of Uzbekistan maintains key rate ... stable reduction in inflation and meet the ... and expectations surrounding inflation factors. According to ... policies, with general inflation projected to be ... that could heighten inflation, particularly from insufficient ... achieving the 5% inflation target, highlighting the ...
Uzbekistan’s Central Bank releases budget overview with GDP growth projections and monetary policy guidelines Uzbekistan

Uzbekistan’s Central Bank releases budget overview with GDP growth projections and monetary policy guidelines

... of Uzbekistan. Photo: Central Bank of Uzbekistan Source ... decline in global inflation and stable worldwide ... to a projected inflation rate of 6 ... achieve its 5% inflation target in the ... effects from food inflation in 2024. Conversely ... sustained high global inflation and decreased economic ... .5% in 2027. Inflation is projected to ... . In this context, inflation could rise to ... of non-monetary inflation factors. To ensure ... and achieve the inflation target of 5 ...
Uzbekistan targets inflation drop to 5% by 2027 with new fiscal measures Uzbekistan

Uzbekistan targets inflation drop to 5% by 2027 with new fiscal measures

Uzbekistan targets inflation drop to 5% ... approach to managing inflation, aiming to bring ... budget document, “Uzbekistan’s inflation rate is projected ... . The reduction in inflation will benefit consumers ... businesses alike. As inflation levels fall, the ... more accessible. The inflation control strategy also ... business environment, reducing inflation risks that may ...
Uzbekistan leads Central Asia in economic growth despite regional slowdown, says World Bank report Uzbekistan

Uzbekistan leads Central Asia in economic growth despite regional slowdown, says World Bank report

... % in 2024. However, Uzbekistan continues to demonstrate ... shocks of high inflation, the fallout from ... Update . Among these, Uzbekistan has emerged as ... % in 2024. However, Uzbekistan continues to demonstrate ... pre-pandemic levels, Uzbekistan has been promoting ... Central Asia. While Uzbekistan has made progress ... continued economic growth, Uzbekistan must align its ... Regional Neighbors While Uzbekistan remains the fastest ... domestic demand in Uzbekistan. The report also ... reforms and investments, Uzbekistan has the potential ...
IMF projects Uzbekistan’s GDP growth to exceed 5.5% Uzbekistan

IMF projects Uzbekistan’s GDP growth to exceed 5.5%

... GDP growth in Uzbekistan will remain robust ... price index (CPI) inflation from 8% at ... prices. Core CPI inflation has risen modestly ... IMF's outlook for Uzbekistan remains positive, with ... focus on reducing inflation to the 5 ... Central Bank of Uzbekistan (CBU) and recommended ... monetary policies until inflation trends demonstrate a ...
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