DUSHANBE, October 24, Asia-Plus — Inflation has reached 12.4 percent in Tajikistan, Jouma Eshov, the deputy head of the National Bank of Tajikistan (NBT), announced at a news conference in Dushanbe today.
According to him, the inflation rate was quite stable before July, when export prices rose sharply. “In the beginning of 2007, we expected inflation for this year to stand at 9 percent, but beginning from July export prices of basic goods such as wheat flour, fuel and grain, rose sharply, affecting the inflation rate,” said the central bank official, “Inflation for September stood at 6.3 percent and by the end of the report period inflation has reached 12.4 percent.”
The deputy head added that at present it is impossible to predict further rate of inflation. “It is quite possible that inflation will remain at the same level by the end of this year but it is also possible that it will change; everything depends on world trends and prices on the domestic market,” Eshov said
