Tajikistan’s inflation rate for Jan-Aug 2017 estimated at 7.7 percent

Asia-Plus

Over the first eight months of this year, Tajikistan’s inflation rate has stood at 7.7 percent, which was 1.2 percent lower than in the same period last year, according to the National Bank of Tajikistan (NBT). Last month, Tajikistan’s inflation rate reportedly stood at 0.3 percent, which was 1.1 percent lower than in August last […]

Over the first eight months of this year, Tajikistan’s inflation rate has stood at 7.7 percent, which was 1.2 percent lower than in the same period last year, according to the National Bank of Tajikistan (NBT).

Last month, Tajikistan’s inflation rate reportedly stood at 0.3 percent, which was 1.1 percent lower than in August last year.

The government reportedly expects the year-end inflation for this year to stand at 7.0 percent.

Recall, the year-end inflation for 2016 stood at 6.1 percent, which was 0.9 percent lower than it was forecast.

Tajik central bank notes that an average monthly inflation rate last year was 0.5 percent.

In 2016, the highest inflation rate was reported in January – 1.4 percent.

The lowest inflation rate last year was reported in March, May and October – 0.2 percent.

According to the Agency for Statistics under the President of Tajikistan, prices of foodstuffs have reportedly risen over the first eight of this year by 6.9 percent.  Over the same eight-month period, non-foodstuffs have risen in cost by 2.4 percent.  Over the first eight months of this year, prices and rates for services rendered to the population have increased by 9.2 percent.

Meanwhile, the index of consumer prices in August this year reportedly amounted to 99.7 percent, including foodstuffs – 98.5 percent,  non-foodstuffs – 100.7 percent, and prices and rates for services rendered to the population – 102.5 percent.

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