Infographics: Main macroeconomic indicators of Uzbekistan for January-March 2021

Infographics: Main macroeconomic indicators of Uzbekistan for January-March 2021

In Uzbekistan, inflation rates continue to slow down, the rise in prices in the first quarter amounted to 2.5%, while in the same period of 2020 - 2.8%.

As before, the main driver of inflation is the rise in prices for food products - they increased by 3.1% as opposed to December 2020, however, with a slowdown in comparison with the same period last year (in the first 3 months of 2020 by 4.3%). The growth in prices for non-food products remained at the level of 1.7%, but prices for services grew at a faster pace than in the same period last year - by 2.7% in the first three months of this year against 1.5% in the same period last year.

Thus, according to the results of the first quarter, the economic development of Uzbekistan continued to experience the impact of the global crisis, which is reflected in the slowdown of the economy compared to the first quarter of last year. In general, the economy of Uzbekistan is actively seeking to return to the pre-crisis dynamics.


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