Inflation for Jan-Oct 2011 estimated at 9.1%

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DUSHANBE, December 15, 2011, Asia-Plus  — In Tajikistan, inflation for the first eleven months of this year has stood at 9.1 percent, according to the Agency for Statistics under the President of Tajikistan.

10 percent rise in prices of products of food industry has been reported in January-November and non-foodstuffs have risen in cost by 7.0 percent over the report period.  Prices and rates for services rendered to the population have risen 9.2 percent over the same eleven-month period.

An average inflation rate in consume sector has stood at 0.8 percent.

In November, consume prices rose 0.2 percent in Tajikistan.  Prices of food industry reportedly rose 0.1 percent, while 0.7 percent rise in non-foodstuffs prices was reported last month.  Prices and rates for services rendered to the population fell 0.7 percent in November.

At first, the government expected the year-end inflation to stand at 7.0 percent in 2011 but in mid-year the year-end inflation was revised from 7.0 to 11 percent.

The International Monetary Fund expects the year-end inflation in Tajikistan to stand at 13.5 percent this year. 

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