The inflation rate in Tajikistan for the first half of this year was a record-low 1.8%, according to the Agency for Statistics under the President of Tajikistan.
Over the first six months of the year, prices of foodstuffs increased by 2.9 percent, including vegetables – 26.7 percent; oils and fats – 5.8 percent; meat products – 4.8 percent; fruits – 8.0 percent; and non-alcoholic beverages – 0.9 percent.
However, prices for some items decreased, including rice (down 1.4%), sugar (down 2.5%), eggs (down 4.4%), and flour (down 8.8%).
Prices and rates for services rendered to the population over the reporting period have increased 3.4 percent. The ones that have increased most significantly were: public catering – 4.7 percent; and payment for household services – 1.7 percent.
Meanwhile, the prices of non-food stuffs have remained at the same level as the beginning of the year.
At the same time, for non-food stuffs, there was a decrease of 12 percent in the prices of fuel and lubricants: including gasoline — down 7.7 percent; diesel fuel — down 8.5 percent; and liquefied natural gas (LNG) – down 19.0 percent.
This marks the fourth consecutive year that the authorities in Tajikistan have reported a record-low inflation rate. According to the Agency for Statistic, consumer prices and tariffs increased by 4.2% in 2022, by 3.8% in 2023, and by 3.6% in 2024. The lowest inflation rate in Tajikistan’s history since its independence was recorded in 2013, when it stood at 3.7%.
The target inflation rate set by the country’s National Bank, which is responsible for maintaining stable consumer prices, remains within 5.0% (±2 percentage points).
