According to data from the Statistics Agency under the President of the Republic of Uzbekistan, in December 2024, the consolidated CPI in Uzbekistan was 101.04%. On an annual basis (compared to December 2023), this indicator reached 109.8%.
Based on calculations, the average monthly growth of the consolidated CPI for January-December 2024 was 0.8%.
In December 2024, the CPI for goods increased by 1.2% compared to the previous month (101.2% against 101.0% a month earlier). This is comparable to the figure for December 2023 and lower than the levels recorded in December 2020-2022.
For services, the short-term CPI in December 2024 was 100.7%, which is 0.8 percentage points lower than the 2023 figure.
The annual CPI for December 2024 was recorded at 104.7% for goods and 126.7% for services.
Note:
The CPI is an important indicator of inflation in the consumer sector and one of the key elements for assessing the socio-economic condition of the country.
The CPI reflects changes in the cost of a fixed basket, which includes 420 goods and 90 services. Over 10,000 retail outlets and service providers are surveyed monthly, and more than 120,000 price quotes are recorded.