Friends, inflation in Kazakhstan is gradually decreasing, but, as Deputy Chairman of the National Bank Vitaly Tutushkin says, this process is still unstable. 📉
✅ Facts:
In October, inflation accelerated to 8.5% year-on-year (hello, September, with your lower figures 👋).
This is still 2.5 times lower than the peaks of February 2023 — impressive, but the target of 5% is still far away.
🏦 The National Bank is trying:
The base rate has been reduced 4 times this year — it is now at 14.25%.
The forecasts are encouraging: by 2025, inflation is expected to enter the corridor of 5.5-7.5%, and by 2026 — 5-7%.
⚠️ What is hindering?
1️⃣ Price growth among trading partners and on the global food market. 🌍
2️⃣ Housing and communal services tariffs 🏠 and high domestic demand.
3️⃣ Unanchored inflation expectations — it sounds complicated, but it's simply about people not believing in price stability yet. 🙄
📅 The National Bank will announce the results of the new forecasts on November 29.
What do you think, will Kazakhstan manage to take control of inflation? Share your opinions in the comments! 👇
#Казахстан #Инфляция #НацБанк #Economy