National Bank of Kazakhstan expects to reduce inflation in 2016

National Bank of Kazakhstan expects to reduce inflation in 2016

The National Bank of Kazakhstan expects to reduce inflation rate to 8% from 12% in the next year.

"Despite the fact that in 2016 inflation will remain at a high level, we expect that in the fourth quarter of next year a significant decline in inflation rate will take place, which will bring inflation to 8% in 2016," TASS cited the chairman of the bank, Daniyar Akishev, as saying.

The press service of the National Bank also said that inflation in November was 3.7%. The annual inflation reached 12.8%.

6335 views


Vestnik Kavkaza

in Instagram

Subscribe



Populars