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Abstract
This article analyzes the relationship between inflation and consumer prices in the economy of Uzbekistan. In a market economy, price stability is one of the key indicators of macroeconomic stability. The study examines the factors influencing inflation formation using the Consumer Price Index (CPI), including internal and external shocks, monetary policy, and supply–demand conditions. It also analyzes the impact of inflation on real incomes, consumer behavior, and economic growth. Statistical analysis, comparative methods, and economic observation were used as research methods. The findings indicate that the growth of consumer prices is a primary indicator of inflation, closely linked to monetary policy, import prices, and domestic production levels. The results are significant for improving economic policy aimed at maintaining price stability and controlling inflation.
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