Kazakhstan's National Bank has raised its inflation forecast for 2027 by a full percentage point, to 6.5 to 8.5 percent.
Kazakhstan's National Bank has raised its inflation forecast for 2027 by a full percentage point, to 6.5 to 8.5 percent.
Deputy chairman Akylzhan Baimagambetov blamed new economic initiatives and rising household incomes for the higher outlook.
It is the second Central Asian central bank to lift its inflation forecast this week, after Uzbekistan raised its own 2026 forecast to 7 percent. Price pressure is running across the region, and both banks are now signalling caution.
#Kazakhstan