Inflation in Kazakhstan
Kazakhstan - Inflation (end of period)
Inflation falls in November
Consumer prices rose 0.7% over the previous month in November, slightly up from October’s 0.6% increase. Higher prices for food, as well as rising prices for non-food products and services drove the monthly increase.
Inflation receded to 5.4% in November from October’s 5.5%, while annual average inflation came in at 5.2%, matching the result from a month prior.
FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 5.3%, which is down 0.1 percentage points from last month’s forecast. The panel expects inflation to end 2021 at 5.1%.
Kazakhstan - Inflation (eop) Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %, eop) | 4.8 | 7.4 | 13.6 | 8.5 | 7.1 |
Kazakhstan Inflation (eop) Chart
Source: Agency of Statistics
Kazakhstan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 386.0 | 0.32 % | Nov 21 |
| Stock Market | 0.1 | 0.0 % | Nov 20 |
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Economic News
Kazakhstan: Inflation falls in November
December 3, 2019
Consumer prices rose 0.7% over the previous month in November, slightly up from October’s 0.6% increase.
Kazakhstan: Economic growth edges up to two-year high in Q3
November 18, 2019
Economic growth edged up to 4.3% year-on-year in the third quarter, up from Q2’s 4.1% expansion and marking the fastest expansion since Q3 2017, according to a preliminary estimate released by Kazakhstan’s Statistical Institute (SARK) on 18 November. While a detailed breakdown has to be released, an acceleration in industrial, construction, and services activity underpinned the upturn in growth.
Kazakhstan: Industrial sector gains traction in October
November 15, 2019
Industrial production growth jumped to 5.4% on an annual basis in October after slowing to 3.7% in September.
Kazakhstan: Inflation rises in October
November 1, 2019
Consumer prices rose 0.6% over the previous month in October, up from September’s 0.3% increase.
Kazakhstan: Central Bank stands pat in October
October 28, 2019
At its latest monetary policy meeting on 28 October, the National Bank of Kazakhstan decided to leave the base rate at 9.25%, keeping an interest rate corridor of plus or minus 1.0 percentage point.
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