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©Turar Kazangapov Inflation in Kazakhstan nears 13%, central bank admits Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.
28 December 2015
Yerbolat Dossayev ©Central Communiations Service under the President of the Republic of Kazakhstan Kazakhstan revises 2015 inflation rate forecast Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.
23 November 2015
Photo © Turar Kazangapov Depreciation of tenge caused by appointment of National Bank's new Governor? According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.
18 November 2015
Turar Kazangapov © Central Bank Governor on tenge prospects The exchange rate reflects the current external factors such as the exchange rate of the Russia’s rouble and the current state of the Russia’s and China’s economies: Central bank Governor Daniyar Akishev.
18 November 2015
©Turar Kazangapov Kazakhstan National Bank raises base interest rate to 16% The National Bank of Kazakhstan has revised the base interest rate raising from 12 to 16 percent in order to curb inflation in Kazakhstan.
05 October 2015
Photo ©Tengrinews.kz Kazakhstan in 10 World’s Worst Performers in Economy: Bloomberg Kazakhstan ended up in the 10 World’s Worst Performers in Economy compiled by Bloomberg.
14 July 2015
Kairat Kelimbetov. By Yaroslav Radlovsky © Kazakhstan is more upbeat over economic prospects amidst positive news from Russia We believe that with the current prices for oil standing at $55-60 per barrel, the Kazakhstan’s economy growth figure will stand at over 2% rather than at 1.5% (as was earlier estimated)”, Mr. Kelimbetov said.
19 May 2015
Yaroslav Radlovsky © IMF on inflation rate in Kazakhstan Earlier the country’s Central Bank reported that the annual inflation rate as of the end of July stood at 7%.
04 November 2014
Photo courtesy of beerbook.ru Beer shortage and heatwave spells misery for Cubans Cuba has been hit by a beer shortage during one of its hottest summers on record, sparking hoarding and driving thirsty .
16 August 2014
IMF chief says low inflation can hit European growth IMF chief Christine Lagarde warned that low inflation could damage growth in Europe and urged the European Central Bank to maintain a flexible policy.
19 July 2014
Bank of Japan Governor Haruhiko Kuroda. ©Reuters/Yuya Shino Japan tax hike boosts inflation, hurts spending in May Inflation hit a three-decade high and unemployment dipped further in Japan, data showed Friday, as the government's bid to jumpstart the economy takes hold, even as analysts warned it was too early for celebrations.
27 June 2014
Kairat Kelimbetov. Photo courtesy of ortcom.kz Kazakhstan's economy benefits from devaluation: Kelimbetov National Bank Chairman Kairat Kelimbetov declared that the economy of Kazakhstan responded positively to the recent 20% devaluation of the Tenge.
14 May 2014
German inflation hits three-year low in March The rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, official final data showed on Friday.
11 April 2014
Photo © Marat Abilov Possible inflation risks: National Bank In view of the devaluation of the national currency - the tenge, the central bank of Kazakhstan believes that escalation of inflation is quite possible.
15 February 2014
©Reuters/David Gray Australia inflation jumps, dashes rate cut hopes Australian inflation rose by a stronger-than-expected 1.2 percent in the July-September period compared to the previous quarter.
23 October 2013
Chairman of Kazakhstan National Bank Gregory Marchenko. Photo by Yaroslav Radlovskiy© Kazakhstan’s Central Bank seeks to maintain inflation within 6-8% Despite the lingering uncertainty of the global economy, Kazakhstan’s economy has been stable, with the GDP growing 5.1% in the H1 2013. The annual inflation stands at 5.9%: Economy Minister.
25 July 2013
Kazakhstan National Bank. Photo by Yaroslav Radlovskiy© Kazakhstan to retain inflation at 6-8 percent Kazakhstan National Bank has approved the Key Monetary Policies of Kazakhstan for 2013.
17 February 2013
Photo by Yaroslav Radlovskiy© Kazakhstan National Bank's 2013 inflation and GDP forecasts According to Kazakhstan National Bank, the country’s inflation will stay within 6-8 percent, while the GDP growth may reach 6 percent.
10 January 2013
IMF's Argentina censure motion set for late January The International Monetary Fund said Monday its executive board is unlikly to consider until late January any possible action against Argentina for failing to supply accurate economic data.
18 December 2012
Kazakhstan President Nursultan Nazarbayev. ©akorda.kz President Nazarbayev calls to spend within capacities to bring the budget deficit to its possible minimum We need a favorable tax regime to support industrial production, new technologies and overall industrialization efforts: President Nazarbayev.
14 December 2012
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