Kazakhstan Inflation July 2019


Kazakhstan: Inflation steady in July

August 1, 2019

Consumer prices rose 0.2% over the previous month in July, matching June’s result. July’s print reflected softer price increases for food and non-food goods, and faster price increases for services.

Inflation remained unchanged at June’s 5.4%, remaining within the Bank’s 4.0%–6.0% target band. Lastly, annual average inflation inched down to 5.3% in July from 5.4% a month prior.

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 5.5%, which is up 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 Chart

Kazakhstan Inflation July 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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