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It’s Autumn, Time for Uzbekistan’s Annual Inflation Crisis

As the temperature drops, and residents scramble to heat their homes, prices often rise in Uzbekistan. 

But once again, Tashkent’s economic band-aids don’t look likely to provide much relief from the annual crisis. As he’s done before, on November 9, President Islam Karimov hiked salaries, pensions, and student allowances – this time by 10 percent. Starting December 1, the minimum monthly wage will be increased to about $30.

Can that compensate for the skyrocketing prices of goods and services?

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It’s Autumn, Time for Uzbekistan’s Annual Inflation Crisis

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