Tajikistan’s inflation for January-July 2016 stands at 3.7 percent

12/08/2016 09:44
Views: 5003

DUSHANBE, August 12, 2016, Asia-Plus -- Over the first seven months of this year, inflation in Tajikistan has stood at 3.7 percent, according to the National Bank of Tajikistan (NBT).

In July, inflation reportedly stood at 0.6 percent, which is 0.3 percent more than in the previous month.  

The year-end inflation for the past year (July 2015 through July 2016) reportedly stood at 6 percent  

An official at Tajik central bank says the government expects the year-end inflation for this year to stand 7.5 percent.

Recall that the year-end inflation for last year stood at 5.1 percent

Meanwhile, according to Trading Economics global macro models and analysts expectations, the year-end inflation for 2016 is expected to stand at 6.40.  In the long-term, the Tajikistan inflation rate is projected to trend around 5.00 percent in 2020, according to Trading Economics econometric models.

Tajikistan inflation rate forecasts are reportedly projected using an autoregressive integrated moving average (ARIMA) model calibrated using Trading Economics analysts’ expectations.


News no