Inflation in Kazakhstan
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 |
Kazakhstan Inflation Chart
Source: Agency of Statistics
Kazakhstan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 384.2 | 0.32 % | Jun 13 |
| Stock Market | 0.1 | 0.0 % | Jun 12 |
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Kazakhstan: Inflation climbs in May, led by higher food prices
June 3, 2019
Consumer prices rose 0.6% over the previous month in May, slightly above April’s 0.5% month-on-month upturn.
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May 17, 2019
The industrial sector decelerated notably in April, growing 1.9% over the same day last month.
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