Kazakhstan Inflation April 2019

Kazakhstan

Kazakhstan: Inflation inches up in April

May 2, 2019

Consumer prices increased 0.5% over the previous month in April, matching March’s print. April’s upturn in prices was led by higher prices for food and non-alcoholic beverages, followed by a rise in healthcare costs.

Meanwhile, inflation inched up to 4.9% in April, from March’s over three-year low of 4.8%. Lower fuel costs curbed upward pressure from rising food costs, keeping inflation largely stable in the past three months. Lastly, annual average inflation fell slightly, from 5.6% in March to 5.5% in April.

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 5.6%, which is down 0.2 percentage points from last month’s forecast. The panel expects inflation to decelerate and end 2020 at 5.3%.


Author:, Economist

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Kazakhstan Inflation April 2019

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


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