According to the State Committee of the Republic of Uzbekistan for Statistics, the annual Consumer Price Index (CPI) in June 2025 stood at 108.7%, down by 1.9% from June 2024 (110.6%). The monthly CPI was 99.8%, while the cumulative CPI for the first half of 2025 reached 104.2%, which is 1.0% lower than the same period in 2024 (105.2%).

Key CPI Indicators for June 2025

• Food Products: The annual CPI for food products increased by 2.5% compared to June 2024, reaching 106.9% (from 104.4%). Monthly prices decreased by 1.2%, primarily due to seasonal declines in fruit and vegetable prices: fruits and nuts (-3.3%), vegetables, tubers, and pulses (-10.2%). Significant price reductions were observed for eggplants (-51.6%), tomatoes (-46.6%), bell peppers (-38.0%), cucumbers (-30.9%), watermelons (-26.8%), cabbage (-23.0%), garlic (-10.5%), and carrots (-12.4%). Conversely, citrus fruits rose by 13.8–36.2%, poultry meat by 1.6–1.8%, and eggs by 5.3%.

• Non-Food Products: The annual CPI for non-food products was 107.5%, a 0.4% decrease from June 2024 (107.9%). Monthly prices increased by 0.2%, with notable growth in clothing and footwear (+0.2%).

• Services: The annual CPI for services reached 115.8%, down by 12.1% from June 2024 (127.9%). The liberalization of utility tariffs remained the primary driver of price increases. Monthly service tariffs rose by 0.8%, including housing services (+6.1% in some regions), transportation (+0.3%), and restaurants (+0.9%).

CPI by COICOP Uzbekistan 2018 Categories

The monthly CPI for June 2025 ranged from 98.8% (“Food and non-alcoholic beverages”) to 101.0% (“Housing, water, electricity, gas, and other fuels”). Below the overall monthly CPI (99.8%), values were recorded for “Food and non-alcoholic beverages” (98.8%) and “Insurance and financial services” (99.2%). The CPI relative to December 2024 ranged from 99.4% (“Insurance and financial services”) to 113.2% (“Housing, water, electricity, gas, and other fuels”). The annual CPI for June 2025 varied from 100.6% (“Insurance and financial services”) to 115.6% (“Housing, water, electricity, gas, and other fuels”).

Regional Variations

The highest monthly CPI growth was recorded in the Republic of Karakalpakstan (101.7%), Fergana (102.2%), and Khorezm (101.9%) regions. Annual inflation rates exceeding the national average were observed in Kashkadarya, Surkhandarya, Fergana, Khorezm regions, and the city of Tashkent.