Producer prices in Kyrgyzstan increased 1.3 percent year-on-year in February 2019, accelerating from a 0.1 percent rise in the prior month. It was the highest producer inflation rate since June 2018, as prices rebounded for manufacturing (1.5 percent vs -0.2 percent in January) and for water supply (0.2 percent vs -0.2 percent) while cost of electricity, gas, steam & air conditioning supply went up 0.1 percent, the same as in January. On the other hand, prices rose at a softer pace for mining & quarrying (2.9 percent vs 3.3 percent). On a monthly basis, producer prices edged up 0.1 percent, after rising 1.1 percent in the previous month. Producer Prices Change in Kyrgyzstan averaged 9.98 percent from 2007 until 2019, reaching an all time high of 34.58 percent in July of 2008 and a record low of -9.87 percent in January of 2014.
Producer Prices Change in Kyrgyzstan is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Kyrgyzstan to stand at 3.60 in 12 months time. In the long-term, the Kyrgyzstan Producer Prices Change is projected to trend around 4.70 percent in 2020, according to our econometric models.