Inflation in Kyrgyzstan
Kyrgyzstan - InflationThe scenario has further darkened at the outset of the second quarter amid the Covid-19 pandemic. Border closures have depressed imports, and the lockdown of all non-essential activities, which was in place until 10 May, will have restrained the economy further and led to a sharp decline in tax revenue. Moreover, confinement measures in Russia are severely constraining remittance inflows. Meanwhile, at the beginning of May the authorities announced a second stimulus package amounting to roughly USD 500 million (around 5.2% of GDP) on top of the USD 15 million previously put forward, which includes subsidized credit to banks. Furthermore, on 6 May the ADB approved a USD 50 million financial aid package, while the IMF on 8 May approved a second round of USD 121 million in emergency funding.
Kyrgyzstan - Inflation Data
|Inflation Rate (CPI, annual variation in %)||6.6||0.4||3.2||1.5||1.2|
5 years of economic forecasts for more than 30 economic indicators.
Kyrgyzstan Inflation Chart
|Exchange Rate||69.66||0.0 %||Jan 01|
|Stock Market||0.1||0.0 %||Jan 07|
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