Inflation in Kazakhstan

Kazakhstan Inflation | Economic News & Forecasts

Kazakhstan - Inflation

Inflation edges down in May

Consumer prices rose 0.2% over the previous month in May, down from the 0.4% month-on-month increase registered in April. Prices increased in 8 out of the 12 sub-components, came in flat for three and declined for one. Clothing and footwear registered the biggest upturn in prices, while transport was the only category that recorded lower prices. Food and non-alcoholic beverages; housing, water, electricity, gas and other fuels; and education were the components that registered flat prices from the previous month.

Inflation edged down to 6.2% in May from 6.5% in April, remaining close to the mid-point of the Central Bank’s target range of 5.0%–7.0%. Annual average inflation inched down to 7.0% in May from 7.1% in April, which marked the lowest figure in over two years.

Met the why particular Consensus Forecast panelists expect inflation to end 2018 at 5.9%, which is up 0.1 percentage points from last month’s forecast. The panel expects inflation to end 2019 at 5.5%.

Kazakhstan - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)5.8  6.7  6.6  14.7  7.4  

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Kazakhstan Inflation Chart

Kazakhstan Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Agency of Statistics

Kazakhstan Facts

Exchange Rate335.90.32 %Jun 14
Stock Market0.10.0 %Jun 13

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