Annual inflation reached its 14-year lowest in Kazakhstan

viewings icon comments icon

ПОДЕЛИТЬСЯ

whatsapp button telegram button facebook button
Chairman of Kazakhstan National Bank Gregory Marchenko. Photo by Yaroslav Radlovskiy© Chairman of Kazakhstan National Bank Gregory Marchenko. Photo by Yaroslav Radlovskiy©

12-month inflation rate in Kazakhstan has reached 14-year minimum as of April 2012, Tengrinews.kz reports citing chairman of Kazakhstan National Bank Gregory Marchenko as saying at a press-conference in Almaty. “As of April 1, the 12-month inflation rate made 4.6 percent. This is the lowest value in the last 13-14 years. This is a good result, but it is mainly caused by government's steps to restrain fuel prices and prevent other rates from increasing,” Marchenko said. He also noted that in general “the annual inflation rate is in a downward trend”. “Speaking of the first quarter, last-year inflation made 3.7 percent, while this year it is 1.1 percent, i.e. there is a general tendency of the annual inflation rate to decrease. A similar process is seen in Russia and other neighboring countries,” Marchenko explained. According to Kazakhstan's Statistics Agency, inflation made 0.3 percent in March 2012 (vs 0.5 percent in March 2011). Food prices went 0.5 percent up (vs 0.9 percent in 2011), non-food prices grew 0.2 percent (vs 0.2 percent in 2011) and paid services prices increased by 0.2 percent (vs 0.2 percent in 2011).

whatsapp button telegram button facebook button
Иконка комментария блок соц сети
12-month inflation rate in Kazakhstan has reached 14-year minimum as of April 2012, Tengrinews.kz reports citing chairman of Kazakhstan National Bank Gregory Marchenko as saying at a press-conference in Almaty. “As of April 1, the 12-month inflation rate made 4.6 percent. This is the lowest value in the last 13-14 years. This is a good result, but it is mainly caused by government's steps to restrain fuel prices and prevent other rates from increasing,” Marchenko said. He also noted that in general “the annual inflation rate is in a downward trend”. “Speaking of the first quarter, last-year inflation made 3.7 percent, while this year it is 1.1 percent, i.e. there is a general tendency of the annual inflation rate to decrease. A similar process is seen in Russia and other neighboring countries,” Marchenko explained. According to Kazakhstan's Statistics Agency, inflation made 0.3 percent in March 2012 (vs 0.5 percent in March 2011). Food prices went 0.5 percent up (vs 0.9 percent in 2011), non-food prices grew 0.2 percent (vs 0.2 percent in 2011) and paid services prices increased by 0.2 percent (vs 0.2 percent in 2011).
Tengrinews
Читайте также
Join Telegram Последние новости
Лого TengriNews мобильная Лого TengriLife мобильная Лого TengriSport мобильная Лого TengriAuto мобильная Иконка меню мобильная
Иконка закрытия мобильного меню
Открыть TengriNews Открыть TengriLife Открыть TengriSport Открыть TengriAuto Открыть TengriTravel Открыть TengriEdu Открыть TengriGuide

Exchange Rates

 522.13  course up  593.24  course up  6.42  course down

 

Weather

location-current
Алматы

 

Редакция Advertising
Социальные сети
Иконка Instagram footer Иконка Telegram footer Иконка Vkontakte footer Иконка Facebook footer Иконка Twitter footer Иконка Youtube footer Иконка TikTok footer Иконка WhatsApp footer
yadro