juris.hq
Market guidesUpdated 09.09.2026

What is inflation in Uzbekistan?

Short answer

8.8% on consumer prices in 2025, down from 9.6%.

8.8%Consumer price inflation in 2025 (World Bank, 2025 ↗)
9.6%The year before falling, but still high single digits (World Bank, 2025 ↗)
14%Central Bank policy rate unchanged since March 2025 — the rate the Bank holds against exactly this (Central Bank of Uzbekistan, 1 July 2026 ↗)
37.6%Growth in the money supply over the year to August 2026, which is why the policy rate has not moved (Central Bank of Uzbekistan, 1 July 2026 ↗)
What the figures show

Plan local costs — salaries, rent, services — to rise by high single digits a year, and write that into any multi-year budget rather than assuming this year's figure holds. Salary reviews in Uzbekistan are commonly annual for the same reason. (World Bank, 2025 ↗)

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Part of the answer bank 195 questions, each cited to the article it rests on.