Kazakhstan: Experts Change Inflation Outlook
Elements.envato.com
Economic experts have worsened their forecast for Kazakhstan's inflation rate in 2025. Analysts' expectations for 2024 remain the same, Orda.kz reports.
The National Bank has published the results of an expert survey. Experts regularly provide macroeconomic indicator projections. Analysts assessed Kazakhstan's economic growth prospects, inflation level, oil prices, base rate, tenge exchange rate, and export and import volumes.
Analysts have changed their inflation forecasts for 2025 from 6.7% to 6.9%. Expectations for 2024 and 2026 remain the same - at 8.4% and 6.0%, respectively,
notes the National Bank.
The economic growth outlook has been adjusted from 5 percent to 4.7%.
Experts believe the country's GDP will grow by 4.2% by the end of 2024. The forecast for the base rate has been revised upward: earlier, analysts expected that it would be reduced to 12% in 2025; now, they think it will be no more than 12.5%.
Original Author: Nikita Drobny
Latest news
- Kazakhstan To Expand Average Speed Checks On Toll Roads In 2026
- U.S. Police Confirm Death Of Missing 24-Year-Old Kazakh Man
- Rare Canadian Lynxes From U.S. Arrive At Almaty Zoo
- IMF Urges Kazakhstan To Stay The Course On Inflation
- Kazakh Refinery Could Lose Russian Supplies After Drone Attack
- Kazakhstan Trains To Get Satellite Internet On Major Routes
- Locust Invasion Alarms Residents In Mangistau Region
- Kazakhstan’s Rail Fleet Remains Heavily Worn Despite Modernization
- Kazakhstanis Will See Who Requested Their Data Through eGov
- Mangistau Hospitals Face Antidote Shortage As Karakurt Bites Rise
- Kazakhstan Sees Afghanistan as Key Regional Link
- US Authorities Find Body Believed To Be Kazakhstani Citizen
- Car Loan Issuances In Kazakhstan Fall Almost 18%
- High Rates Win Over Consumption As Kazakhstanis Bring More Money To Banks
- Illegal Miners Damage Protected Forest Reserve Near Semey
- Recruitment And Diplomatic Silence: Inside A Webcam Network Allegedly Involving Kazakhstani Women In Vietnam
- Kazakhstan Not Yet Ready To Give Sign Language Official Status
- Kazakhstan Receives Cable for Caspian Internet Route
- Kazakhstan’s Ruling Party Merges Into New Pro-Presidential Party
- Truck Traffic Returns to Kazakh-Russian Border