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
- Toqayev Appoints Former Anti-Corruption Service Head as Deputy Prosecutor General
- Journalists and Activists from Kazakhstan Highlight Media Pressure and Legal Challenges at OSCE Forum
- Trump and Zelenskyy Meet at the White House, Discuss Paths Toward Ending the War
- Polish Court Rules Not to Extradite Ukrainian Suspect in Nord Stream Sabotage Case
- Putin Lectured Trump on Rurik and Khmelnytsky During Alaska Summit – Financial Times
- Prosecutor General Reopens Case of Businessman Alleging Raiding by Nazarbayev’s Nephew
- Putin and Orban Discuss Planned Meeting in Budapest
- Kazakhstan Changes Platform for Qandas Status Applications
- Kazakh Series “Offside” Blocked on YouTube After Deputy’s Criticism Over Profanity
- Georgia Passes Tougher Laws on Protests and Political Parties
- Tajik Migration Service Holds Daily Briefings for Citizens Departing for Work
- Uzbek Prosecutor General Receives Russia’s Order of Friendship
- The Kremlin’s Pill: How Russian Pharma Is Expanding Into Kazakhstan’s State Contracts
- Officials and Businessmen Using Sports Federations for Self-Promotion To End — Toqayev
- Kilometre-Long Queues For Coal Spotted in Oskemen
- Why Kazakhstan Chose The Almaty Region for Its Second Nuclear Power Plant
- Aqtobe Region: 14-Year-Old Schoolgirl Gave Birth, Step-grandfather Named as Suspect
- White House Official Claims India Cuts Russian Oil Imports by 50%; New Delhi Turns to Guyanese Crude — Reuters
- Police Anti-Drug Deputy Arrested for Distribution and Possession
- BTS Digital: From Startup to Strategic Partner with State Ties and Security Licenses
