Kazakhstan: Inflation falls to lowest level since September 2020 in March
April 1, 2021
Consumer prices increased 0.62% in March over the previous month, slightly below February's 0.65% increase. The downtick came amid a slowdown in price growth for foodstuffs, while non-grocery goods saw a mild uptick in price growth.
Inflation came in at 7.0% in March, which was down from February’s 7.4%. March's reading represented the weakest inflation rate since September 2020. Meanwhile, the trend was unchanged, with annual average inflation coming in at February's 7.1% in March.
Author: Frederico Teixeira de Abreu, Junior Economist