Inflation in Kazakhstan
Kazakhstan - Inflation
Inflation inches up in September
Consumer prices increased 0.4% over the previous month in September, following a 0.2% month-on-month rise in August. Prices were higher for 11 out of the total 12 categories, led by education. Meanwhile, prices for the remaining two categories—food and non-alcoholic beverages, and transport—were unchanged from last month.
Inflation inched up to 6.1% in September (August: 6.0%), remaining within the Central Bank’s target range of 5.0%–7.0%. Annual average inflation came in at 6.6% in September, matching August’s reading. It was the lowest print since December 2015.
Kazakhstan Inflation Forecast
Met the why particular Consensus Forecast panelists expect inflation to end 2018 at 6.4%, which is up 0.3 percentage points from last month’s forecast. The panel expects inflation to end 2019 at 5.9%, which is also up 0.3 percentage points from last month.
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||366.6||0.32 %||Oct 16|
|Stock Market||0.1||0.0 %||Oct 16|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free 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 1, 2018
Consumer prices increased 0.4% over the previous month in September, following a 0.2% month-on-month rise in August.
September 28, 2018
A detailed breakdown of GDP by production shows that the economy continued to grow at a strong rate in the second quarter.
September 14, 2018
August saw a sharp slowdown in industrial production growth.
September 3, 2018
At its 3 September monetary policy meeting, the National Bank of Kazakhstan left the base rate unchanged at 9.00%, with a corridor of plus or minus 1.0%.
August 15, 2018
Industrial production picked up slightly in July, expanding 4.4% in annual terms, following a 4.2% year-on-year rise in June. Looking at a breakdown of the sub-sectors, the mining and electricity, gas, steam and air conditioning supply sectors accelerated, while the manufacturing sector grew at a slightly weaker rate.