Kazakhstan Inflation September 2020

Kazakhstan

Kazakhstan: Inflation steady in September at elevated rate

October 1, 2020

Consumer prices increased a seasonally-adjusted 0.28% over the previous month in September, accelerating from the 0.13% rise seen in August. The uptick ensued from a rise in prices for non-food goods and services, while food prices remained unchanged.

Inflation held steady at August's 7.0% in September. Annual average inflation rose to 6.3% in September (August: 6.2%).

FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 7.4%, which is down 0.2 percentage points from last month’s forecast. The panel expects inflation to end 2021 at 6.1%, which is unchanged from the previous month’s estimate.


Author:, Junior Economist

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Kazakhstan Inflation September 20 20

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


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