Producer prices in Kyrgyzstan fell 0.6 percent year-on-year in November of 2018, after a 2 percent decline in the previous month. It is the fourth consecutive decrease in producer prices but the softest since August, as cost fell less for manufacturing (-0.8 percent vs -2.8 percent in October) and water supply (-0.2 percent vs -0.8 percent). Meantime, prices slowed for electricity, gas, steam & air conditioning supply (0.2 percent vs 3.3 percent) while rebounded for mining & quarrying (0.5 percent vs -4.4 percent). On a monthly basis, producer prices went up 0.5 percent, following a 0.3 percent drop in October. Producer Prices Change in Kyrgyzstan averaged 10.19 percent from 2007 until 2018, 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 1.00 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 2.40 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.