Tashkent, Uzbekistan (UzDaily.com) — In July 2025, Uzbekistan’s Consumer Price Index (CPI) rose 108.9% year-on-year, compared with 110.5% in the same month last year, according to the National Statistics Committee.

The consolidated monthly figure was recorded at 99.8%, while the cumulative index from the beginning of the year through July reached 104.0%, down from 104.9% in the same period of 2024. The average monthly increase this year was 0.6%, compared to 0.7% a year earlier.

Excluding the impact of price changes for fruit and vegetable products, the consolidated monthly index stood at 100.5% (against 100.6% in July 2024), 105.7% for January–July (107.4% a year earlier), and 110.2% year-on-year (112.1% in July 2024). Higher-than-average figures were recorded in the regions of Bukhara, Navoi, Namangan, Samarkand, Syrdarya, and Tashkent, while the annual index exceeded the national average in Navoi, Surkhandarya, Syrdarya, Fergana, and Khorezm.

The short-term CPI for goods in July was 99.5%, compared to 99.4% a year earlier. For food products, it was 99.0% (98.5% in July 2024), for non-food products 100.2% (100.7%), and for services 100.9% (100.5%). By December 2024, the goods index had reached 101.8% (99.8% the previous year), including 100.6% for food products (96.7%), 103.3% for non-food products (104.0%), and 111.7% for services (down from 121.7% in January–July 2024).

Year-on-year, the goods index in July 2025 stood at 106.7% (105.2% in July 2024). Food products rose 106.5% (102.9% a year earlier), non-food products 107.1% (108.3%), while services saw a 116.3% increase (128.0%). The sharp rise in services was mainly attributed to the liberalization of utility tariffs.

Across categories, the short-term index ranged from 98.9% (“Food and Non-Alcoholic Beverages”) to 101.4% (“Housing, Water, Electricity, Gas, and Other Fuels”). The lowest monthly increases (0.1%) were recorded in “Clothing and Footwear,” “Household Goods and Appliances,” and “Education.” By December 2024, the highest index was 114.8% for housing and utilities, while the lowest was 99.9% for insurance and financial services. In annual terms, the July 2025 range was between 100.4% (“Insurance and Financial Services”) and 116.7% (“Housing, Water, Electricity, Gas, and Other Fuels”).

The July figure was most influenced by falling food prices, which dropped by an average of 1.1% due mainly to seasonal factors. Fruit and nuts declined 9.1%, vegetables and legumes 4.8%. Dairy products and eggs fell 0.8%, while grains decreased 0.1%. At the same time, meat prices rose 1.9%.

In the housing and utilities sector, new tariffs for water supply and sewage services were introduced in several regions in July, along with revised charges for waste removal and apartment building maintenance. As a result, the index for this category reached 107.5% for the month. Changes in other categories were less pronounced.

Overall, the decline in food prices reduced the consolidated index by 0.48 percentage points, while higher utility and transport tariffs added 0.22 points. An additional 0.09 points came from changes in other categories.

For January–July 2025, the largest contributions to overall CPI growth came from changes in housing and utilities, transport, healthcare, and household and miscellaneous services. Together, they accounted for 3.14 percentage points, representing 78.3% of the total increase.