11.10.2024, 13:46

Annual inflation in Kazakhstan exceeds target - National Bank

ASTANA. Oct 11 (Interfax-Kazakhstan) - Annual inflation in Kazakhstan significantly exceeds the target, according to a statement from the National Bank of Kazakhstan. The macro regulator decided to maintain the base interest rate at 14.25% per annum, with a corridor of +/- 1 percentage point. "Despite a decrease to 8.3% in September 2024, annual inflation remains high," the statement noted.

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National Bank of Kazakhstan maintains base interest rate at 14.25% amid inflationary pressures (Part2)