Week 46 · 2026Monday, 09 November 2026
Business

Inflation in Uzbekistan Accelerates to 6.5% — Food Prices Had the Strongest Impact in October

Consumer prices rose by 0.6% over the month and by 4.8% since the beginning of the year. Food products accounted for nearly two-thirds of October's price increase

06 Nov, 15:41Read in Russian

Annual inflation in Uzbekistan reached 6.5% in October 2026, up from 6.4% in September. However, it remained below the level recorded in October of the previous year, which was 7.8%.

Consumer prices increased by 0.6% in October. The main contributors were food and non-alcoholic beverages, which rose by 1% and accounted for approximately 63% of the monthly increase in the overall index.

Among key food items, excluding fruits and vegetables, eggs saw the most significant price increase, rising by 5.2% over the month. Year-on-year, mutton prices increased by 19.5%, while boneless beef rose by 17.1%. Sugar, in contrast, became 2.2% cheaper in October.

Services became 7.3% more expensive over the year, while non-food goods rose by 5.6%. In Tashkent, annual inflation reached 7.4%, the highest regional figure. The lowest rate was recorded in Syrdarya Region at 5.5%.

Since the beginning of the year, the overall price increase has amounted to 4.8%.

The October figure of 6.5% reflects price changes over the last 12 months. This should be distinguished from the Central Bank's forecast, which previously raised the expected inflation rate for the end of 2026 to 7%.

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