The Central Bank has released inflation data for January 2026. The most notable 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 figure reached 12.3%, in 2023 — 8.8%, in 2024 — 9.8%, and in 2025 it decreased to 7.3%.
Food Products
According to infographic data, a number of products have become noticeably cheaper. In annual terms, prices decreased for:
- Carrots – 15.2%
- Potatoes – 14.8%
- Onions – 12.3%
At the same time, several goods saw significant price increases:
- Meat – 18.5%
- Methane – 17.9%
- Sugar – 16.7%
Out of 167 types of food products included in the consumer price index basket, 147 items (88%) showed 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% coming 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:
- Mobile phones – 8.2%
- Televisions – 5.1%
The rise in global gold prices affected jewelry products: wedding rings increased in price by 32.6%.
A sharp increase in prices was also recorded for:
- Car tires – 21.4%
- Wood materials – 19.8%
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 tuition 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 hikes:
- Metro rides – 24.3%
- Bus rides – 22.1%
Out of 98 types of services included in the consumer price index, 66 items (67%) showed an annual price increase below 10%.
Source: kun.uz