Kazakhstan Inflation June 2019

Kazakhstan

Kazakhstan: Inflation inches up in June

July 1, 2019

Consumer prices rose 0.2% over the previous month in June, decelerating from May’s 0.5% month-on-month upturn. June’s print reflected slower price increases for food and non-food products.

Inflation edged up to 5.4% from 5.3% in May, but remained within the Bank’s 4.0%–6.0% target band. Lastly, annual average inflation remained unchanged in June at May’s 5.4%.

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 5.4%, which is down 0.1 percentage points from last month’s forecast. The panel expects inflation to end 2020 at 5.2%.


Author:, Economist

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Kazakhstan Inflation June 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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