24 Feb 2025 14:56

EDB expects inflation to accelerate in Tajikistan by end of 2025

DUSHANBE. Feb 24 (Interfax) - Tajikistan should see inflation, which totaled 3.6% in 2024 according to official data, gradually increase by the end of 2025, the Eurasian Development Bank (EDB) said.

Consumer prices rose 3.6% year-on-year in January, which was in line with the level in December 2024, and lower than the 4.1% in November.

"Price growth remains moderate amid the stability of the national currency and the absence of significant inflationary pressure from import prices. We expect that strong domestic demand should lead to a gradual increase in inflation by the end of 2025, while it should remain within the updated target range of the National Bank of Tajikistan at 5% plus or minus 2%," the EDB forecasts.

Tajikistan saw inflation decelerate to 3.8% in 2023 from 4.2% in 2022.