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Kazakhstan

Kazakhstan leaves rates unchanged – inflation remains hot beneath the surface

  • Kazakhstan's central bank left rates unchanged today, despite the recent fall in yoy inflation

  • Beneath the surface, Kazakhstan's inflation remains hot, with both mom and yoy rates still well above those of peers

  • Inflationary momentum will take time to resolve, meaning Kazakhstan is not yet ready to begin monetary easing

Kazakhstan leaves rates unchanged – inflation remains hot beneath the surface
Tellimer Research
26 May 2023
Published byTellimer Research

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