Kazakhstan Inflation November 2018


Kazakhstan: Inflation remains stable in November

December 4, 2018

Consumer prices increased 0.9% over the previous month in November, following a 0.4% month-on-month rise in October. The upturn reflected an across-the-board increase across all sub-components. Transport prices recorded the biggest rise, followed by food and non-alcoholic beverages, leisure and culture, and restaurants and hotels. Meanwhile, housing, water, electricity, gas and other fuels saw the largest drop in prices.

Inflation remained at October’s 5.3% in November, moderating from 6.1% in September. November’s reading marked the lowest print since September 2015. Annual average inflation edged down to 6.2% in November, from 6.4% in October.

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 5.9%, which is unchanged from last month’s forecast. The panel expects inflation to decelerate and end 2020 at 5.5%.


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Kazakhstan Inflation Chart

Kazakhstan Inflation November 2018

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

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