Core consumer prices in Kazakhstan increased 6.22 percent in August of 2019 over the same month in the previous year. Core Inflation Rate in Kazakhstan averaged 8.04 percent from 2003 until 2019, reaching an all time high of 19.80 percent in August of 2008 and a record low of 1.23 percent in March of 2017.
Core Inflation Rate in Kazakhstan is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Kazakhstan to stand at 5.90 in 12 months time. In the long-term, the Kazakhstan Core Inflation Rate is projected to trend around 5.30 percent in 2020, according to our econometric models.