Over the first eleven months of this year, inflation in Tajikistan’s consumer goods sector has stood at 7.5 percent, according to the Agency for Statistics under the President of Tajikistan.
Meanwhile, the cost of products of the food industry over the reporting period has reportedly increased in Tajikistan on average by 6.6 percent, and an average monthly increase in food prices over the first eleven months of this year was 1.66 percent.
The increase in cost of products of the food industry was reportedly caused by a 14.4 percent increase in prices for vegetables; 21.4-percent rise in prices for vegetable oil and fats, meats and meat products – 16.3 percent, and bakery products and cereals — 4.0 percent each.
In January-November this year, non-foodstuffs rose in cost on average 6.9 percent with the prices increasing most significantly for the following goods: gasoline – 1.8 times; diesel fuel – 1.7 times; liquefied natural gas (LNG) – 1.7 times; and detergents – 3.1 percent.
Prices and rates for services rendered to the population have reportedly risen most over the reporting period. In January-November this year, prices and rates for services rendered to the population reportedly increased on average by 11.5. The ones that increased most significantly were: fixed-route minivan fare – 45 percent; bus fare – 17.9 percent; hotel and restaurant services – 3.7 percent.
Recall, the year-end inflation in Tajikistan’s consumer goods sector last year stood at 9.4 percent.
The government last year planned to curb inflation rate at 7.0 percent. Meanwhile, the World Bank predicted last year’s year-end inflation in Tajikistan at 10 percent.
In 2019, the year-end inflation in the country reportedly stood at 8.0 percent.
The Asian Development Outlook Supplement, July 2021 notes Tajikistan's inflation rates are forecasted at 9.0 percent this year and 8.0 percent in 2022. Per capita GDP growth for Tajikistan is expected at 2.9 percent in 2021 and 3.4 percent in 2022.
