Inflation in Kazakhstan

Kazakhstan Inflation | Economic News & Forecasts

Kazakhstan - Inflation

Inflation climbs in May, led by higher food prices

Consumer prices rose 0.6% over the previous month in May, slightly above April’s 0.5% month-on-month upturn. May’s print was led by higher food prices, along with a marginal rise in the costs of non-food products and services.

A detailed breakdown shows that prices for alcoholic beverages and tobacco products rose by the biggest magnitude, followed by leisure and culture, and clothing and footwear.

Meanwhile, inflation climbed to 5.3% in May from 4.9% in April, but remained within the Bank’s 4.0%–6.0% target band. Lastly, annual average inflation inched down to 5.4% in May from 5.5% in April.

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%.

Kazakhstan - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)5.8  6.7  6.6  14.7  7.4  

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Kazakhstan Inflation Chart

Kazakhstan Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Agency of Statistics

Kazakhstan Facts

Exchange Rate384.20.32 %Jun 13
Stock Market0.10.0 %Jun 12

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