Finance

Uzbekistan’s annual inflation reaches 6.4% in September 2026

Uzbekistan’s annual inflation reaches 6.4% in September 2026
Uzbekistan’s annual inflation reaches 6.4% in September 2026

Tashkent, Uzbekistan (UzDaily.uz) — Annual inflation in Uzbekistan stood at 6.4% in September 2026, compared with 8.0% in September 2025. The National Statistics Committee published the data on 5 October.

Consumer prices rose by 0.7% during the month, compared with 0.6% in September 2025, while prices increased by 4.2% from the beginning of the year, compared with 5.1% in January–September 2025.

Excluding fruit and vegetable products, prices increased by 0.7% during the month, compared with 0.5% in September 2025. Since the beginning of the year, they rose by 5.6%, compared with 6.7% a year earlier, while annual growth stood at 6.8%, compared with 8.9% a year earlier.

Food and non-alcoholic beverages had the largest impact on the monthly figure, rising by 1.0%. Their contribution to the overall index amounted to 0.40 percentage points. Higher education and transport prices added another 0.19 percentage points combined, while the remaining categories contributed 0.14 percentage points.

Among major food products, eggs recorded the largest monthly increase, rising by 5.3%, or 11.4% year on year. Bone-in beef rose by 1.7% during the month and 16.2% over the year, while boneless beef increased by 1.1% and 17.9%, respectively. Lamb prices rose by 1.3% during the month and 19.8% year on year. Prices for chicken portions increased by 1.2%, buckwheat by 1.1%, rice by 1.0%, and milk and butter by 0.8%. Sugar became 0.9% cheaper during the month.

The committee said seasonal factors affected the dynamics of fruit and vegetable prices. Citrus fruits became 12.0% cheaper during the month, grapes fell by 5.7%, apples by 2.4% and bananas by 1.7%. At the same time, tomato prices increased by 14.2%, or 54.9% year on year, while cucumber prices rose by 13.5%, carrots by 12.4%, bell peppers by 4.9%, eggplants by 4.7% and onions by 2.6%.

Education services became 4.2% more expensive during the month. From September, fees at state kindergartens increased by an average of 6.8%, which was linked to an increase in the basic calculation value. Private kindergartens raised prices by 1.7%, while private schools increased them by 6.0%. Tuition fees at state universities rose by an average of 6.3% from the new academic year. Private tutoring services became 1.9% more expensive, while foreign language courses rose by 1.8%.

Gasoline prices increased by an average of 1.2% during the month and by 20.1% year on year. AI-92 gasoline rose by 0.7%, AI-95 by 4.2%, and AI-98 and AI-100 by 0.4%. A litre of AI-92 cost between 10,500 and 17,000 soums, AI-95 between 13,500 and 21,500 soums, and AI-98 and AI-100 between 16,500 and 28,000 soums. Propane prices increased by 4.2% during the month and 48.9% year on year, with the price reaching up to 10,000 soums per litre. Methane prices were unchanged during the month, although they increased by 10.1% over the year.

Long-distance train tickets became 1.6% cheaper during the month, while airfares fell by an average of 0.9%. According to the committee, this was linked to the strengthening of the soum against the euro and Swiss franc, as well as tariff revisions by individual service providers. Courier services became 3.0% more expensive.

In the utilities sector, cold water supply and sewerage tariffs increased in Surkhandarya region, while fees for servicing apartment buildings rose in Navoi region. Across the country, cold water supply and sewerage became 2.1% more expensive during the month, while apartment building maintenance costs increased by 0.6%. Coal for households became 0.3% more expensive and firewood rose by 0.8%.

By major categories, food products became 1.0% more expensive during the month and 6.3% more expensive year on year. Non-food goods rose by 0.3% during the month and 5.8% over the year. Services increased by 0.9% during the month and 7.0% year on year, compared with annual growth of 14.9% in September 2025.

In annual terms, insurance and financial services recorded the largest increase, at 43.8%. Housing services, water, electricity, gas and other fuels became 11.8% more expensive, while prices at restaurants and hotels rose by 7.5% and transport costs by 7.2%.

Housing and utility services made the largest contribution to price growth since the beginning of the year, at 1.17 percentage points, followed by food products at 1.08 percentage points and transport at 0.58 percentage points. Together, these three categories accounted for 2.83 percentage points, or 67.9%, of the overall increase.

The committee did not record sharp deviations from the national average across the regions. The highest annual price growth was recorded in Tashkent at 7.0%, followed by Andijan and Ferghana regions at 6.7% each. The lowest annual growth was recorded in Syrdarya region at 5.4%. Surkhandarya region recorded the largest monthly increase, at 0.99%.

According to an additional index calculated using the Jevons geometric formula and used for analytical purposes only, prices increased by 0.8% during September and by 3.1% since the beginning of the year.

Since January 2026, the consumer price index has been calculated based on 517 goods and services, with the committee recording more than 2 million price quotations each month.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.