Inflation in Uzbekistan reached 9.8% in 2024.

Uzbekistan, Tashkent – According to AN Podrobno.uz, the inflation rate in Uzbekistan for the year 2024 reached 9.8%. This figure exceeded the Central Bank's forecast of 8–9.5%, but it was lower than the 2022 level of 12.25%. In December, inflation was recorded at 1%, marking the lowest monthly price increase in the past five years.

https://podrobno.uz/cat/economic/inflyatsiya-v-uzbekistane-v-2024-godu-sostavila-9-8-/2025-01-03 08:12:34

This information was provided by the Statistics Agency under the President.

Which goods and services have seen the highest price increases?

Food products. Over the year, the price of potatoes increased by nearly 40%, while carrots rose by 18.3%. In December, prices for cucumbers surged (+52.7%), tomatoes (+22.4%), and potatoes (+6.3%). Conversely, the prices for buckwheat (-9.6%), rice (-6.3%), and sugar (-3.7%) fell.

Utilities. Gas tariffs increased by 2.3 times, and electricity prices rose by almost 1.7 times. Heating costs went up by 36%, and garbage collection fees increased by 54.7%.

Transportation. Train fares became 12.6% more expensive, while taxi fares increased by 12.2%.

Clothing and footwear. Prices rose by 5.1% and 4.8%, respectively.

Education. The cost of services at public kindergartens increased by 20%, and tuition fees at universities rose by 15.1%.

Cafés and hotels. Prices in cafés went up by 12.3%, while hotel rates increased by 18.9%.

The cost of methane rose by 21% over the year.