In October, the population’s average forecast for inflation was 11.7%, which is 0.3% lower than September’s figure. This was reported by the Central Bank.
The median rate remained at 10.3%. Across the country, inflation expectations were highest in Tashkent — 14.5%, Tashkent region — 12.6%, and Kashkadarya region — 12.2%.
The lowest forecasts were observed in Fergana (10.4%), Andijan (10.5%), and Namangan (10.6%) regions. Expectations for price growth were highest in the sectors of household services (13.4%), trade (12.6%), and tourism services (12.4%).
The most optimistic expectations were among those of retirement age (10%), medical workers (10.1%), and students (10.9%). Residents with a monthly income of 20–30 million soums assessed the inflation rate at 19%, while those with less than 4 million soums per month rated it at 10.6%.
The most influencing factors for inflation expectations were named as increases in utility tariffs (46%) and rising prices for energy resources (42%). Additionally, higher food prices (27%), pay raises (26%), and increased transport expenses (25%) were also significant factors.
Business expectations are also declining: the average indicator was 11.1%, and the median was 10%. The highest expectations were noted in Khorezm (12.8%), Tashkent (12.6%), and Tashkent region (12.2%); the lowest ones were in Namangan, Jizzakh (10.1%), and Andijan (10.2%) regions.
By business activity, inflation expectations are highest in culture (13%), catering (12.4%), and construction (11.9%) sectors, and lowest in agriculture (9.5%), handicrafts (10.2%), and health care (10.3%) sectors.
