Tajikistan’s inflation for Jan-May 2015 stands at 2.6 percent

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DUSHANBE, June 25, 2015, Asia-Plus — In Tajikistan, inflation for the first five months of this year has stood at 2.6 percent, according to the National Bank of Tajikistan (NBT).

In May, Tajikistan’s inflation reportedly stood at 0.3 percent, which was 0.3 percent fewer than in May 2014.

The government expects the year-end inflation to stand at 7.5 percent in 2015, an official source at Tajik central bank told Asia-Plus in an interview.

Last year, inflation reportedly stood at 7.4 percent, 0.1 percent lower than it was originally forecasted.

We will recall that the Trading Economics website reports that Tajikistan in 2013 had the lowest inflation rate among Central Asia’s countries.

In Central Asia, the highest average inflation rate last year 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.

Meanwhile, refinancing rate, which is one of the main instruments of monetary policy, has not changed and was 8.0 percent in late May.    

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