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Finance 03/02/2025 CPI for goods for January in Uzbekistan was 100,6%

CPI for goods for January in Uzbekistan was 100,6%

Tashkent, Uzbekistan (UzDaily.com) — In January 2025, the CPI for goods for the month in Uzbekistan was 100,6%. In annual terms, this indicator was 104,6%, which is 3.9 points lower than in January last year, and 8.7 points less than the indicator for January 2023, according to Uzbek Statistics Agency.

In January 2025, the CPI for goods for the month was 100,6%. In annual terms, this indicator was 104,6%, which is 3.9 points lower than in January last year, and 8.7 points less than the indicator for January 2023.

The short-term CPI for food products in the first month of 2025 was 100,8%. For non-food products, it reached 100,3%, and for paid services to the population – 101,1%.

The CPI for January 2025 in annual terms for food products was recorded at 102,60%, non-food products – 107,70%, paid services – 127,00%.

Without taking into account fluctuations in prices for fruit and vegetable products, the consolidated CPI for the month reached 100,4%, which is 0,3 points lower than the short-term CPI taking into account changes in prices for goods in this group. For the consolidated CPI for January 2025 in annual terms, the change in prices for fruit and vegetable products acted as a restraining factor. Thus, this indicator, taking into account the impact of price fluctuations for fruits and vegetables, was 2,1 points lower than without taking into account such impact.

In the structure of short-term CPI growth in January 2025, the share of influence of price changes on food products became the largest of the three main groups (51,4%). 62,6% of the growth in the consolidated indicator in annual terms for January 2025 is due to the growth of prices and tariffs in the services sector.

In January 2025, the range of the short-term CPI by section was between 100.1.% (Section VIII. “Information and Communication”) and 103.5.% (Section X. “Educational Services”), and the annual CPI was between 100.7.% (Section VIII. “Information and Communication”) and 137.4.% (Section IV. “Housing Services, Electricity, Gas and Other Fuels”).

The range of fluctuations in the short-term CPI for January 2025 by groups in Section I. “Food and soft drinks” was between 96,5% and 106.0%.

The short-term CPI below 100.0% for the month was recorded in the group “Milk, other dairy products and eggs” (96.50%), while the growth of this indicator for the groups “Fish and other seafood”, “Oils and fats”, “Fruits and nuts”, as well as “Vegetables, tubers and legumes” exceeded 1%.

The lowest value of the annual CPI for January of this year was noted in the “Fruits and Nuts” group (81.1%), the highest – in the “Meat Products” group (111.7%).

In January 2025, a decrease in prices was noted for such types of fruit and vegetable products as cucumbers, tomatoes, tangerines, etc. Along with this, such fruits and vegetables as eggplants, potatoes, bell peppers, lemons, bananas, etc. have become significantly more expensive

The price level for eggplants, pomegranates, tomatoes, bell peppers, lemons, cucumbers, apples and bananas in January 2025 was lower than in January 2024. Potatoes, on the contrary, increased in price more than others in annual terms.

In January 2025, the restraining factor was the decrease in prices for milk, other dairy products and eggs, due to which the consolidated indicator for the month became lower by 0.16 p.p.

The contribution of fruit and vegetable products to the growth of the short-term consolidated CPI among goods in Section I. "Food and non-alcoholic beverages" reached +0.36 p.p. The increase in prices for meat products led to an increase in the consolidated indicator by another +0.07 p.p. The impact of other groups was less significant.

In January 2025, the shortterm CPI fluctuations in Section II. "Alcoholic Beverages, Tobacco Products" ranged from 100.3.% (vodka) to 101.5.% (wine). The short-term CPI for other tobacco products was higher than the average for Section II, while the CPI for the other items in the section did not exceed the specified average value.

In January 2025, the shortterm CPI fluctuations in Section II. "Alcoholic Beverages, Tobacco Products" ranged from 100.3.% (vodka) to 101.5.% (wine). The short-term CPI for other tobacco products was higher than the average for Section II, while the CPI for the other items in the section did not exceed the specified average value.

The range of the short-term CPI in January 2025 in Section III. “Clothes and shoes" was between 99.9.% (sandals, sandals, sandals for boys) and 101.7% (rental of clothing). The CPI for goods and services in Section III as of January 2024 ranged from 103.0.% (men's demi-season jacket) to 113.3% (dry cleaning services).

Of the main types of public utilities, tariff increases in January of this year were recorded only for waste removal services (4.6%). A slight increase in prices over the month was also noted for materials and services for housing maintenance and repair (0.1-0.3%). The highest annual CPI remains for services for the supply of network gas (229.0%) and electricity (167.0%).

The short-term CPI in January 2025 in Section V. "Household goods, household appliances and current housing maintenance" was in the range from 99.9.% (electric batteries) to 106.0.% (disinfection services). The CPI fluctuation range by January 2024 was 102.5.% (large laundry and drying machines) – 114.3% (carpet and rug washing and cleaning services).

The range of fluctuations in the short-term CPI for goods included in Section VI. "Health care" in January 2025 was within the range from 99.5% (syringes) to 102.0% (medical laboratory services). The CPI by January 2024 ranged from 107.7% (vision aids) to 128.0% (antibiotics).

In January 2025, gasoline became more expensive on average in the republic by 1.5%. The shortterm CPI for gas motor fuel in January of this year was within 86.8-99.9%. Maintenance and repair of personal vehicles increased in price by 1.4% compared to the level of December 2024. Training in driver training courses over the same period increased in price by 12.5% on average in the republic.

In January 2025, an increase in prices was recorded for laptops, computers and tablets (0.1-0.3.%), peripheral equipment and its consumables, equipment for receiving, recording and reproducing sound and images, comprehensive telecommunications services (0.3.%), as well as for services for the repair of information and communications equipment (1.1.%). Prices for other observed types of goods and services remained at the level of the end of 2024.

Since January 2025, prices for newspapers and periodicals have increased by an average of 15.3%. The three percent price growth threshold for the month was exceeded by services provided by cinemas (103.7%), as well as plants, seeds and flowers (103.2%). The short-term CPI for January 2025 for theatre services reached 103.0%. The CPI range in annual terms in January of this year was 88.9.% (A4 paper) – 122.4% (services of culture and recreation parks).

Since January 2025, fees for services of state preschool educational organizations (DOO) have increased in all regions. On average, the size of parental payments in the republic has increased by 21.0.%. Children's attendance at private kindergartens has become 1.1% more expensive over the same period. Compared to January 2024, the average price level for services of public preschool educational institutions has increased by 45.2%, and for private ones – by 11,3%.

In January of this year, the growth of prices in the hotel services sector was significantly higher than in the food and beverage services sector (105.7.% versus 100.6%). However, the annualized CPI for January 2025 for hotel services (110.5.%) was the lowest January figure since 2021. The main increase in prices in January of this year was noted for the services of recreation centers. The increase in prices for this type of service was recorded in all regions of the republic within the range of 4.1-17.5%.

In January of this year, the growth of prices in the hotel services sector was significantly higher than in the food and beverage services sector (105.7.% versus 100.6%). However, the annualized CPI for January 2025 for hotel services (110.5.%) was the lowest January figure since 2021. The main increase in prices in January of this year was noted for the services of recreation centers. The increase in prices for this type of service was recorded in all regions of the republic within the range of 4.1-17.5%.

In January 2025, the short-term CPI for goods and services included in Section XIII ranged from 99.9.% (toilet paper) to 103.8% (precious metal wedding rings). The long-term CPI by January 2024 in this section fluctuated in the range from 101.3% (foam, gel, shaving cream) to 131.4% (precious metal wedding rings).

A significant contribution (+0.36 p.p.) to the growth of the short-term summary indicator in January 2025 was made by price changes on food products and nonalcoholic beverages, which accounted for 50% of the total impact. Due to price changes in the sections "Educational Services", "Healthcare" and "Household Goods and Services, Miscellaneous Goods and Services", the summary indicator for the month increased by another 0.22 p.p. (30.6% of the total impact). The impact of price changes in other sections was less significant.

The key inflation factor for the annual CPI for January of this year remains the increase in prices and tariffs in the section “Housing services, water, electricity, gas and other types of fuel”. This section accounted for over 45% of the total influence. A significant contribution was made by the sections "Healthcare" (+1.13 p.p.), "Food and non-alcoholic beverages" (+0.91 p.p.), "Transport" (+0.90 p.p.), "Educational services" (+0.60 p.p.), as well as the sections "Clothing and shoes" (+0.52 p.p.) and "Household goods and services, miscellaneous goods and services" (+0.50 p.p.). The share of these sections accounted for about 46% of the total influence.

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