Prices and rates reportedly rose on average 8.0 percent last year

Asia-Plus

Last year’s year-end inflation in Tajikistan stood at 8.0 percent, according to the Agency for Statistics under the President of Tajikistan.

Meanwhile, the cost of products of the food industry in 2021 reportedly increased in Tajikistan on average by 7.3 percent, and an average monthly increase in food prices las year was 0.608 percent.  

The increase in cost of products of the food industry was reportedly caused by a 16.4 percent increase in prices for vegetables; 20.6-percent rise in prices for vegetable oil and fats, meats and meat products – 15.1 percent, sugar – 4.4 percent, and bakery products and cereals — 4.0 percent each. 

In 2021, non-foodstuffs rose in cost on average 7.5 percent with the prices increasing most significantly for the following goods: gasoline – 1.7 times; diesel fuel – 1.6 times; liquefied natural gas (LNG) – 1.7 times; and detergents – 4.6 percent.  

Prices and rates for services rendered to the population reportedly rose most over the reporting period.  In 2021, prices and rates for services rendered to the population reportedly increased on average by 11.3.  The ones that increased most significantly were: fixed-route minivan fare – 45 percent; bus fare – 17.9 percent; education services – 7.8 percent, and hotel and restaurant services – 3.7 percent. 

Recall, the year-end inflation in Tajikistan’s consumer goods sector in 2020 stood at 9.4 percent.

In 2019, the year-end inflation in the country reportedly stood at 8.0 percent.  

The Asian Outlook Supplement, July 2021 by the Asian Development Bank (ADB) notes Tajikistan's inflation rate in 2022 is forecasted to stand at 8.0 percent.  Per capita GDP growth for Tajikistan is expected this year at 3.4 percent.  

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