National Bank forecasts risk of inflation growth in October due to situation with fuel in Kazakhstan

National Bank forecasts risk of inflation growth in October due to situation with fuel in Kazakhstan

Astana. November 1. KazTAG – There is a risk of inflation growth in Kazakhstan due to rise in price for fuel, fruit and vegetables in October, said Daniyar Akishev, chairman of the National Bank.

“Since January till September inflation amounted to 4.2%, in annual terms inflation made 7.1%. However, in October the National Bank sees the risk of inflation due to growth of prices for fuel, fruit and vegetables,” said D. Akishev.

In his words, until the end of the year the level of inflation will stay within the planned corridor 6-8%.

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