Inflation Uzbekistan 2021
Average inflation: 10.9%
Current Inflation
Inflation is very high at 10.9%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 11.6%. The lowest inflation was in December at 10.0%.
- Highest month
- January: 11.6%
- Lowest month
- December: 10.0%
- Difference
- 1.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 6.5%. The lowest price increase was in Energy with an average of 6.5%.
- Highest increase
- Energy: 6.5%
- Lowest increase
- Energy: 6.5%
Historical Context
Current inflation is 3.0% lower than the 5-year average of 13.9%.
- 5-year average
- 13.9%
- 10-year average
- 13%
- All-time high (2018)
- 17.6%
- All-time low (2016)
- 8.1%
Trend
Inflation shows a downward trend. Compared to 2020, inflation has fallen by +2.0 percentage point.
- Change vs. previous year
- -2.0 percentage points
- Largest monthly swing
- April: -3.7 percentage points
ECB Target
Inflation is 8.9% 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 €110.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 11.6% | -2.6 |
| February | 11.4% | -1.9 |
| March | 10.9% | -2.6 |
| April | 10.7% | -3.7 |
| May | 10.9% | -3.0 |
| June | 10.9% | -3.3 |
| July | 11.1% | -3.2 |
| August | 11.1% | -0.5 |
| September | 10.8% | -0.8 |
| October | 10.6% | -0.9 |
| November | 10.3% | -1.0 |
| December | 10.0% | -1.2 |
| Average | 10.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.