Inflation Uzbekistan 2018
Average inflation: 17.6%
Current Inflation
Inflation is very high at 17.6%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 20.1%. The lowest inflation was in December at 14.3%.
- Highest month
- January: 20.1%
- Lowest month
- December: 14.3%
- Difference
- 5.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 6.1% higher than the 5-year average of 11.5%. This approaches the highest level since records began (17.6% in 2018).
- 5-year average
- 11.5%
- 10-year average
- 12.1%
- All-time high (2018)
- 17.6%
- All-time low (2016)
- 8.1%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +3.8 percentage point.
- Change vs. previous year
- +3.8 percentage points
- Largest monthly swing
- January: +10.5 percentage points
ECB Target
Inflation is 15.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €117.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 20.1% | +10.5 |
| February | 19.7% | +9.4 |
| March | 19.8% | +8.9 |
| April | 19.6% | +8.3 |
| May | 19.0% | +6.4 |
| June | 17.6% | +4.0 |
| July | 16.3% | +1.1 |
| August | 15.7% | -0.3 |
| September | 16.2% | +0.4 |
| October | 16.3% | +0.7 |
| November | 16.5% | +0.3 |
| December | 14.3% | -4.5 |
| Average | 17.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.