Tashkent, Uzbekistan, Dec. 5
By Diana Aliyeva– Trend:
Currency liberalization carried out in Uzbekistan in September did not have considerable negative impact on inflation.
Chairman of the State Statistics Committee of Uzbekistan Batir Irgashev made the remarks at a meeting of the international press club on activities of statistics bodies in Tashkent.
Indicating the increase in prices as practical manifestation of inflation, Irgashev noted that "price hike is in fact observed in the country in the beginning of every year".
Furthermore, First Deputy Chairman of State Statistics Committee Bahodir Mirusmanov said that inflation is predicted to reach 12-14 percent by the end of the year.
The Gross Domestic Product (GDP) of Uzbekistan comprises US $40-41 billion or 170 trillion sum as of nine months of 2017.
Growth rate of GDP made up 5.3 percent in January to September of this year. The highest Gross Regional Product (GRP) was fixed in Navoi and Kashkadarai regions of Uzbekistan.
In this period the volume of export exceeded the volume of import. The total amount of investments constituted 7.9 trillion sums.