Kazakhstan Leads "Eurasian Five" in Inflation Growth for Second Year
Kazakhstan leads in inflation growth among the "Eurasian Five" countries for the second consecutive year, with an average price growth of 8.7%.
Latest articles tagged with #Inflation
in Economy / Kazakhstan,
Rising Tariffs in Uzbekistan Forecasted to Drive Inflation Rate Upward
The increase in tariffs for electricity and gas in Uzbekistan is expected to raise the overall inflation rate by 2.4 percentage points, according to the Central Bank's comment on monetary policy.
in Economy / Uzbekistan,
Uzbekistan Increases Poverty Line Amid Rising Prices: Impact on Social Assistance
The Statistics Agency of Uzbekistan has raised the minimum consumer expenditures by 4.3% to 648 thousand sums per person per month, aiming to help those in need of social assistance amidst tariff increases and inflation.
in Economy / Uzbekistan,
Central Bank of Uzbekistan Keeps Interest Rate Unchanged Amid Economic Growth
The Central Bank of Uzbekistan decided to keep the main interest rate unchanged at 14%, while updating its inflation forecast and GDP growth expectations for the year.
in Economy / Uzbekistan,
International Monetary Fund Improves Economic Growth Forecast for Kyrgyzstan in 2024
IMF expects Kyrgyzstan's GDP to grow by 4.4% in 2024, with inflation rates set to decrease as well. Various financial institutions provide optimistic forecasts for the country's economy.
in Economy / Kyrgyzstan,
High Inflation in Uzbekistan Prompts Tariff Increase on Gas and Electricity
In Uzbekistan, inflation has reached 66% following a recent tariff hike on gas and electricity, prompting the government to introduce social protection mechanisms to support vulnerable families.
in Economy / Uzbekistan,
Uzbekistan's Economy Shows Growth in 2023 and Predicted to Rise in 2024
The World Bank projects Uzbekistan's economy to grow by 6% in 2023, with investments, private consumption, and exports driving the increase, while inflation hits a seven-year low in December 2023.
in Economy / Uzbekistan,
National Bank of Kazakhstan Maintains Base Rate at 14.75% Amid Decreasing Inflation
The National Bank of Kazakhstan decides to maintain the base rate at 14.75% annually in efforts to control inflation and stabilize the economy.
in Economy / Kazakhstan,
AFK Experts Share Predictions on Upcoming National Bank Statement
The National Bank of Kazakhstan is expected to announce its decision on the base rate, with experts divided on whether there will be a rate cut or it will remain unchanged.
in Economy / Kazakhstan,
Asian Development Bank Raises Kyrgyzstan's Economic Growth Forecast to 5% in 2024
The Asian Development Bank raises Kyrgyzstan's economic growth forecast for 2024 to 5%, expecting a positive outlook for the country's economy in the coming years.
in Economy / Kyrgyzstan,