The Central Bank of Uzbekistan has published the consumer sentiment survey report for Q3 2025. The survey is aimed at studying households’ expectations regarding income, spending, borrowing, savings, and overall economic conditions.
In Q3, positive trends in consumer sentiment have been remained. 67% of respondents expect their income to increase over the next 12 months.
Expectations regarding spending have also remained stable, with 77% of survey respondents anticipating higher expenses in the upcoming months. In the next quarter, respondents primarily plan to make significant expenditures on housing repairs, education, healthcare, and family celebrations or events.
A slight caution is observed in borrowing and credit-related behavior. Specifically, 16% of respondents indicated that their demand for credit is expected to decline in the coming months.
The tendency to save has also increased, with a high proportion of respondents expecting their savings to grow. According to the Central Bank, in Q3 2025, term deposits in the national currency rose 45.4% compared to the same period in 2024.
Overall, the positive expectations formed throughout the year reflect strong public confidence in their future income which indicate that they are choosing a cautious and stable approach in their financial decisions.
To see the executive summary, you can follow the link below
To see the full report you can follow the link below
