Kazakhstan Inflation August 2019

Kazakhstan

Kazakhstan: Inflation inches up in August

September 1, 2019

Consumer prices rose 0.2% over the previous month in August, matching July’s month-on-month increase. Higher prices for non-food products led the upturn, while increases in the prices for food and services were milder.

Inflation inched up to 5.5% in August from 5.4% in July, remaining within the Bank’s 4.0%–6.0% target band. Lastly, annual average inflation came in at 5.3%, unchanged from the previous month.

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 5.5%, which is unchanged from last month’s forecast. The panel expects inflation to end 2020 at 5.2%, which is also unchanged from last month’s estimate.


Author:, Economist

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Kazakhstan Inflation August 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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