The Central Bank released inflation data for January 2026. The most significant increases were recorded for meat, methane, and personal car insurance.

The Central Bank of Uzbekistan presented inflation indicators as of January 2026.

The overall annual inflation rate was 7.2%. For comparison: in 2022, the rate reached 12.3%, in 2023 — 8.8%, in 2024 — 9.8%, and in 2025 it decreased to 7.3%.

Food Products

According to infographics, a number of products saw noticeable price decreases. On an annual basis, prices fell for:

At the same time, a number of goods experienced significant price increases:

Out of 167 types of food products included in the consumer price index basket, 147 items (88%) had an annual price increase below 10%.

Earlier, at a meeting chaired by the president, it was noted that 45% of January's inflation was attributed to food products, with 13% from meat. The need to reduce import dependence in the meat industry by addressing feed base issues was emphasized.

Non-Food Goods

Among non-food goods, the following became cheaper:

The rise in global gold prices affected jewelry: wedding rings increased in price by 32.6%.

A sharp increase in prices was also recorded for:

Out of 252 types of non-food goods, 232 items (92%) had an annual price increase of less than 10%.

Services

In the services sector, a decrease in the cost of money transfers (–7.5%) and education at non-state universities (–0.5%) was noted.

The most significant increase was recorded for personal vehicle insurance — +281.8%.

The following also saw substantial price increases:

Out of 98 types of services included in the consumer price index, 66 items (67%) had an annual price increase below 10%.

Source: kun.uz