Year-end inflation rate in Kazakhstan estimated at 8-8.5% - Economy Minister

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ASTANA. October 20. KAZINFORM. /Kanat Kulshmanov/ Toward the end of the year inflation will make 8-8.5%. Kazakh Minister of Economy and Budget Planning has announced it at the Government's sitting today.

Thus the level of inflation is 2.5-3% lower than expected. It happens due to slowing down of inflation processes in the world economy and in Kazakhstan's economy in particular.  

He also noted that the February Tenge Devaluation did not materially affect the price growth in the domestic market as expected earlier.  

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