Kazakhstan: Inflation remains stable in April
May 4, 2021
Consumer prices rose 0.85% from the previous month in April, accelerating from the 0.62% rise seen in March. April's result was the sharpest increase in prices since December 2020. Taking a closer look at the details, prices accelerated for all groups: foodstuffs, non-food goods and services.
Inflation held steady at March's 7.0% in April, above the NBK’s 4–6% target. Meanwhile, annual average inflation remained at March's 7.1% in April.
Author: Frederico Teixeira de Abreu, Junior Economist