The annual inflation rate in Kyrgyzstan fell to 5.8 percent in June of 2020 from 7.2 percent in the prior month. It was the lowest rate since February, due to another decline in transport costs (-5 percent vs -2.6 percent in May). Concomitantly, prices slowed primarily for food & non-alcoholic beverages (10.7 percent vs 13.3 percent in May), housing & utilities (4.2 percent vs 5.6 percent); alcoholic beverages & tobacco (4.1 percent vs 5.2 percent). In contrast, inflation quickened for health (4.8 percent vs 4.4 percent). On a monthly basis, consumer prices decreased 0.6 percent, following a 1.2 percent fall in the previous month..
Inflation Rate in Kyrgyzstan averaged 6.68 percent from 2003 until 2020, reaching an all time high of 32.45 percent in July of 2008 and a record low of -0.70 percent in February of 2019. This page provides the latest reported value for - Kyrgyzstan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kyrgyzstan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Inflation Rate in Kyrgyzstan is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kyrgyzstan to stand at 4.40 in 12 months time. In the long-term, the Kyrgyzstan Inflation Rate is projected to trend around 5.00 percent in 2021, according to our econometric models.