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.
Author: Nihad Ahmed, Economist