DUSHANBE, January 20, 2015, Asia-Plus — The government plans to hold the inflation rate at 7.5 percent this year, Abdujabbor Shirinov, the head of the National Bank of Tajikistan, told journalists in Dushanbe on January 20.
“Last year, the year-end inflation stood at 7.4 percent, which was 3.7 percent higher than in 2013,” Tajik central bank head noted.
In 2013, the end-year inflation in Tajikistan stood at 3.7 percent, which was the lowest inflation rate among Central Asia’s countries, Shirinov said.
According to him, Tajikistan’s core inflation last year stood at 2.9 percent, which was 1.6 percent higher than in 2013.
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.
