Baku, Azerbaijan, March 2
By Elena Kosolapova – Trend:
Inflation rate in Kazakhstan hit 1.8 percent in Jan.- Feb. 2017, Statistics Committee under the Ministry of National Economy of Kazakhstan said in a message.
Food prices have increased by 2.6 percent, non-food items’ prices have gone up by 1.3 percent, and paid services’ prices have increased by 1.2 percent since early 2017.
Kazakhstan’s inflation rate over the 12 months ended Feb. 2017 amounted to 7.8 percent.
In Feb. 2017, the inflation rate was 1 percent.
Kazakh National Bank forecasts inflation rate in the country to hit 6.5-7 percent in 2017.
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