Ministry of education tashkent financial institute


Ways to reduce Cost-Push Inflation



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Ways to reduce Cost-Push Inflation Cost-push inflation (e.g. rising oil prices can lead to inflation and lower growth. This is the worst of both worlds and is more difficult to control without leading to lower growth.

4. Analysis of the current state of inflation in the economy of Uzbekistan

In January-August, prices and tariffs in the consumer market increased by 4.8 percent on average.

TASHKENT, 1 Sep -. The inflation rate in annual terms in Uzbekistan at the end of August 2020 was 11.7 percent, the State Statistics Committee reported.

"In January-August 2020, prices and tariffs in the consumer market increased by an average of 4.8 percent. In annual terms (by August 2019), the average increase in prices for goods and services amounted to 11.7 percent," the report says. on the website of the State Statistics Committee.

The average monthly increase in the consumer price index in January-August amounted to 0.6 percent against 1.0 percent in the same period in 2019.

In January-August 2019, goods and services rose on average by 8.2 percent. In annual terms, this indicator increased by 16.5 percent.




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