Inflation in April amounted to 1.5%

Inflation in April amounted to 1.5%

The State Statistics Committee of Uzbekistan has calculated consumer inflation for the first four months of 2021.

Food prices increased by 13.6% compared to the same period last year. Analyzes in 2019 and 2020 show that food inflation in 2019 was 16 percent compared to the corresponding period of 2018 and 19.1 percent in the four months of 2020.

In April 2021, goods and services in the consumer market increased on average by 1.5%.
Since the beginning of this year, their prices have increased by 4.1% with an average monthly
value of 1.0%. In annual terms, the CPI growth reached 10.7%.

Among foodstuffs and nonalcoholic beverages, the rise in prices for April 2021 is by a
significant margin leading to fat and oil products, which increased in price by 21.6% over
the month. In addition, fruit and vegetable products (3.0-4.6%), sugar, confectionery and
desserts (2.4%) rose significantly in price.

Among the main groups of food and nonalcoholic beverages, fat and oil products (26.8%)
also became leaders in price growth in JanuaryApril 2021. The top three also included
vegetables, tubers, plantains and legumes (12.9%), fruits and nuts (10.8%). In annual terms,
fat and oil products (1.6 times), sugar, confectionery and desserts (15.3%), milk, other
dairy products and eggs (14.6%), as well as meat products (14.5%).

According to estimates, the share of non-food products in the overall impact of rising prices for goods and services was 9.2%, the share of paid services to the population was 7.2%.


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