Uzbekistan posts inflation of 3.6% in 1 H

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Finance 03/08/2009 Uzbekistan posts inflation of 3.6% in 1 H

Uzbekistan posts inflation of 3.6% in 1 H

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan saw inflation of 3.6% in the first half of 2009 compared to 3.4% in the same period of 2008, the State Statistics Committee said.

Food prices increased 3.7% in the half compared to 1.8% in January-June 2008, nonfood prices rose 1.3% versus 2.9% and the cost of services grew 6.5% compared to 10.3%.

Average monthly inflation totaled 0.6% in the half, which is on par with last year’s levels.

Uzbekistan saw inflation of 7.8% in 2008.

The budget for 2009 envisioned inflation of 7%-9%.

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