High-income individuals are assessing 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%.