Tashkent, April 25 -- Central Bank decided to keep the annual key interest rate at 14 percent. The influence of fundamental monetary factors on inflation is gradually diminishing. However, the implementation of certain tariffs starting from May 1 may cause an increase in general inflation.

Current monetary and credit conditions are relatively stable, even though they approach the upper bounds of the updated inflation forecast range. Therefore, the Central Bank will maintain the key rate at 14 percent. General inflation has been decreasing since the start of the year, reaching an annual rate of 8 percent in March. Notably, food inflation has significantly declined due to lower prices in foreign food markets.

Core inflation slowed down no...