Inflation in Kazakhstan
Kazakhstan - Inflation
Inflation recedes in September
Consumer prices rose 0.3% over the previous month in September, edging up from July’s 0.2% outturn. Higher prices for food, and raising prices for products and service led the increase.
Inflation receded to 5.2% in September from 5.5% in August, nearing the mid-point of the Central Bank’s 4.0%–6.0% target band. Lastly, annual average inflation came in at 5.2%, inching down from 5.3% a month prior.
FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 5.6%, which is up 0.1 percentage points from last month’s forecast. The panel expects inflation to end 2020 at 5.4%, which is up 0.2 percentage points from last month’s estimate.
Kazakhstan - Inflation Data
|Inflation Rate (CPI, annual variation in %)||5.8||6.7||6.6||14.7||7.4|
5 years of economic forecasts for more than 30 economic indicators.
Kazakhstan Inflation Chart
Source: Agency of Statistics
|Exchange Rate||388.6||0.32 %||Sep 04|
|Stock Market||0.1||0.0 %||Sep 04|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
October 17, 2019
Industrial production grew 3.7% on an annual basis in September, significantly down from August’s 6.9% increase which had marked the highest reading since September 2017.
October 3, 2019
Economic growth accelerated to 4.1% in annual terms in January–June, up from the 3.8% year-on-year expansion recorded in January–March, according to a first estimate released on 3 October. A breakdown of key sectors revealed that booming activity in the construction sector (January–June: +11.1% year-on-year; January–March: +8.9% yoy), coupled with upbeat output growth in the service sector (January–June: +4.4% yoy; January–March: +3.7%), drove the overall acceleration.
October 1, 2019
Consumer prices rose 0.3% over the previous month in September, edging up from July’s 0.2% outturn.
September 23, 2019
Industrial production grew 6.9% on an annual basis in August, marking the highest reading in 23-months (July: +3.2% year-on-year).
September 9, 2019
The National Bank of Kazakhstan decided to raise the base rate by 25 basis points to 9.25%, keeping an interest rate corridor of plus or minus 1.0 percentage point around the base rate, at its latest monetary policy meeting on 9 September.