In September, inflation rate in Tajikistan reportedly stood at 1.1 Percent

Last month, inflation rate in Tajikistan stood at 1.1 percent, which is 0.3 percent more than in August this year, according to the National Bank of Tajikistan (NBT). Meanwhile, the inflation rate for the first six months of this year has been estimated at only 0.8 percent.  This is due to the two-month deflation process […]

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Last month, inflation rate in Tajikistan stood at 1.1 percent, which is 0.3 percent more than in August this year, according to the National Bank of Tajikistan (NBT).

Meanwhile, the inflation rate for the first six months of this year has been estimated at only 0.8 percent.  This is due to the two-month deflation process that was interrupted in April.  

The inflation rate for the first nine months of this year has reportedly stood at 3.8 percent

Tajik central bank notes that rising prices and rates for some non-foodstuffs  and services rendered to the population have had a ripple effect on the September inflation rate.  

According to the NBT press center, prices and rates for services rendered to the population have increased over the past three months by 3.0 percent.  The ones that increased most significantly were: air tickets – 2.5 times, hotel service – 11 percent, and repair of vehicles – 9.3 percent.  

As far the increase in cost of products of the food industry is concerned, the prices have increased most significantly for butter – 303 percent, fruits – 16.1 percent, and rice – 15.1 percent.  

Over the report period, gasoline prices have risen 16.9 percent, prices for home appliances have risen 8.6 percent, and prices for personal items have risen 6.5 percent.  

Recall, Tajikistan’s year-end inflation for 2017 has been estimated at 6.7 percent.

Tajik central bank had previously forecast that the year-end inflation for last year would to stand at 7.0 percent.

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