Inflation in Uzbekistan Slows to 7%: Price Growth Declines, But Food Still Getting More Expensive

Food, especially meat and sugar, continues to be the main contributor to inflation

In April 2026, inflation in Uzbekistan slowed to 7% year-on-year, compared to over 10% a year earlier. According to the National Statistics Committee of Uzbekistan, the monthly increase in consumer prices was 0.6%, which is also lower than last year's level.

Since the beginning of the year, cumulative inflation reached 102.5% by December, while a year earlier the figure was 102.9%. Core inflation (excluding food, energy, and tobacco) decreased to 107.6% against 112.3% a year ago. This indicates a gradual easing of overall price pressure in the economy.

Food remains the main driver of growth, accounting for about two-thirds of the monthly price increase. Meat became the most expensive: lamb – by 3.7%, beef – by 3.2%, minced meat – by 2.9%. Prices for sugar and fish also increased. At the same time, eggs fell in price by 3.6%, and rice and cereals decreased in price both on a monthly and annual basis.