Kazakhstan Inflation March 2019

Kazakhstan

Kazakhstan: Inflation remains stable in March at over three-year low

April 1, 2019

Consumer prices rose 0.5% over the previous month in March, following a 0.3% month-on-month upturn in February. The latest print was led by higher prices for food and non-alcoholic beverages, followed by an increase in healthcare costs.

Inflation remained stable at February’s 4.8% in March—the lowest reading since September 2015. Lower fuel costs curbed upward pressure from rising food costs, keeping inflation steady. Meanwhile, annual average inflation edged down to 5.6% in March from 5.8% in February.

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 March 2019 1

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


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