Inflation Uzbekistan 2019
Average inflation: 14.5%
Current Inflation
Inflation is very high at 14.5%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 16.4%. The lowest inflation was in January at 13.0%.
- Highest month
- August: 16.4%
- Lowest month
- January: 13.0%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.9% higher than the 5-year average of 12.6%.
- 5-year average
- 12.6%
- 10-year average
- 12.3%
- All-time high (2018)
- 17.6%
- All-time low (2016)
- 8.1%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (-3.1 percentage point).
- Change vs. previous year
- -3.1 percentage points
- Largest monthly swing
- January: -7.1 percentage points
ECB Target
Inflation is 12.5% 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 €114.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 13.0% | -7.1 |
| February | 13.5% | -6.2 |
| March | 13.6% | -6.2 |
| April | 13.7% | -5.9 |
| May | 13.7% | -5.3 |
| June | 13.6% | -4.0 |
| July | 13.5% | -2.8 |
| August | 16.4% | +0.7 |
| September | 16.0% | -0.2 |
| October | 16.2% | -0.1 |
| November | 15.6% | -0.9 |
| December | 15.2% | +0.9 |
| Average | 14.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.