Uzbekistan's Central Bank Sees No Major Inflation Risk from Sugar Import Quotas

Uzbekistan's Central Bank Deputy Chairman Nodirbek Achilov stated that the introduction of a 300,000-ton annual sugar import quota is unlikely to cause significant food inflation. The bank forecasts a further decrease in food inflation in the coming year, with sugar prices remaining relatively stable. Sugar is one of 517 goods and services in the consumer basket.

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