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
- Grave of Noble Nomadic Warrior Unearthed in Turkistan Region
- Kazakhstan Suspends Karachaganak Gas Plant Project With Foreign Partners
- Toqayev Opens CICA Headquarters, Highlights Importance of Diplomacy Amid Global Tensions
- Chinese Company Sinopec Launches 4.7 Billion Tenge Oil Drilling Project in Mangystau
- Ukraine's MoD Claims No Official Notice Received from U.S. on Munitions Suspension
- Azerbaijani Ministry of Science and Education Urges Caution Over Claims of Ending Russian-Language Education
- Alexander Lukashenko Pardons 16 People, Including Those Convicted of “Extremism”
- U.S. Reportedly Floated Corridor Deal via Armenia — Carnegie Report
- Orda.kz talks with Expert on Recent Escalations between Moscow and Baku
- Court Reviews Corruption Case Involving Samruq-Qazyna Subsidiary in Atyrau
- Claims Surface that Azerbaijan Plans to Close Russian-Language Schools
- Publishing House with Bomb Shelter Privatized in Almaty Returned to State Ownership
- 5,000 Dombra Players Set National Record in Taldykorgan
- A Piece of the Shoreline Pie: How Sarsenov Lost His Aqtau Land and Kulibayev’s Role
- Armenian Parliament Makes Initial Moves to Nationalize Electric Networks of Armenia
- Toqayev Orders Tighter Migration Control, Calls for Unified Digital Systems
- Kazakhstan: Forecasters Warn of Heavy Rains in the North, Scorching Heat in the South
- Who Writes the Rules? Trump’s Former Associate Discusses Kazakhstan’s Current Position with Orda.kz
- Omsk Governor Proposes Boosting Trade with Kazakhstan via Irtysh River
- Kazakhstan: Energy Officials and Executives Disciplined Over Sector Violations
