Kazakhstan Inflation October 2018

Kazakhstan

Kazakhstan: Inflation falls sharply in October

November 1, 2018

Consumer prices rose 0.4% over the previous month in October, matching September’s reading. All but one of the sub-components recorded higher prices, with clothing and footwear, and communications recording the biggest upturns. Meanwhile, prices for housing, water, gas, electricity, and other fuels dipped from the previous month.

Inflation slid to 5.3% in October, down from 6.1% in September—the lowest reading since September 2015. Annual average inflation edged down to a nearly two-year low, from 6.6% in September to 6.4% in October

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 5.9%, which is unchanged from last month’s forecast. The panel expects inflation to decelerate and end 2020 at 5.5%.


Author:, Economist

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Kazakhstan Inflation October 2018 0

Note: Month-on-month changes and annual variation of consumer price index in %.
Source: Republic of Kazakhstan Agency of Statistics.


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