EDB: Inflation in Uzbekistan slowed to 5.5%

Inflation in Uzbekistan slowed to 5.5% year-over-year at the end of May 2026, down from 7.0% a month earlier. This is reported in an analytical review by the Eurasian Development Bank (EDB).

The slowdown in price growth was largely due to a high comparison base: in May 2025, housing and utility tariffs were raised by more than 10%.

According to experts, inflationary pressures will gradually ease in the coming years. Inflation is expected to continue to decline from 2026 to 2028 and approach the Central Bank of Uzbekistan’s 5% target.

Aziza Alimova, UzA