DUSHANBE, July 4, 2016, Asia-Plus – Over the first five months of this year, inflation in Tajikistan has stood at 2.7 percent, according to the Agency for Statistics under the President of Tajikistan.
In May, inflation reportedly stood at 0.2 percent.
Prices of foodstuffs have reportedly risen over the first five months of this year by 2.4 percent. Over the same five-month period, non-foodstuffs have risen in cost by 2.6 percent. Over the first five months of this year, prices and rates for services rendered to the population have increased by 4.2 percent.
An official at Tajik central bank says the government expects the year-end inflation for this year to stand 7.5 percent.
The year-end inflation for last year stood at 5.1 percent
Meanwhile, according to
Trading Economics
global macro models and analysts expectations, the year-end inflation for 2016 is expected to stand at 6.40. In the long-term, the Tajikistan Inflation rate is projected to trend around 5.00 percent in 2020, according to Trading Economics econometric models.
Tajikistan inflation rate forecasts are reportedly projected using an autoregressive integrated moving average (ARIMA) model calibrated using Trading Economics analysts’ expectations.
