DUSHANBE, January 17, 2015, Asia-Plus — In 2014, Tajikistan’s core inflation stood at 2.9 percent, which was 1.6 percent higher than in 2013, according to the National bank of Tajikistan (NBT).
Core inflation represents the long run trend in the price level. In measuring long run inflation, transitory price changes should be excluded. One way of accomplishing this is by excluding items frequently subject to volatile prices, like food and energy.
We will recall that the year-end inflation for 2014 stood at 7.4 percent, 3.7 percent higher than in 2013.
A 9.7 percent increase in prices of products of food industry was reported last year and non-foodstuffs rose in cost by 2.9 percent in 2014. Prices and rates for services rendered to the population last year increased by 6.5.
The Trading Economics website reports that in 2013, Tajikistan had the lowest inflation rate among Central Asia’s countries.
In Central Asia, the highest average inflation rate in 2013 was recorded in Uzbekistan – 7.0 percent. In Turkmenistan, inflation last year stood at 6.0 percent, Kazakhstan – 4.5 percent, and Kyrgyzstan – 4.0 percent. In Tajikistan, the year-end inflation stood at 3.7 percent in 2013
