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High-income individuals are assessing inflation highly

Economy
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High-income population assesses inflation highly
According to the surveys conducted by the Central Bank of the Republic of Uzbekistan in April 2025, the public's inflation expectations have remained at 14.2%, Kursiv reported. This figure represents the lowest level since December 2024.

Respondents expect significant increases in fuel, transport, and utility prices. However, the number of those who believe in a substantial increase in the exchange rate has decreased.

The highest inflation expectations were recorded in Tashkent city (17.1%), Fergana (16.1%), and Namangan (15.5%) regions. The lowest figures were observed in Kashkadarya (12%), Navoi (12.3%), and Jizzakh (12.9%) regions.

Citizens with incomes of 15 million soums or more have estimated inflation at an average of 18.5%. Those with incomes between 10-15 million soums expect 17%, while those with incomes around 7 million soums anticipate 16% inflation. The lowest expectations were recorded among those with incomes of 2 million soums or less (12.6%).

Entrepreneurs have assessed inflation at 12.8% (it was 13% in March). They are concerned about the increase in utility services, fuel, and tax burdens.

The perceived inflation rate was 14.4%.

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