Kazakhstan's GDP ups by 5.2 per cent
Kazakhstan, Astana, Oct.23 / Trend D. Mukhtarov /
According to preliminary estimates, in the first nine months of this year, Kazakhstan's GDP grew by 5.2 per cent, Kazakh Minister of Economic Development and Trade, Erbolat Dosayev told a government meeting on Tuesday.
"Despite the instability in the world economy, a positive growth has been maintained in the economy since early in the year. According to preliminary estimates in the first nine months, Kazakhstan's GDP grew by 5.2 per cent. The short term economic indicator was 2.7 per cent," Dosayev said.
He said during the period from January to September 2012, inflation hit 3.9 per cent. International reserves increased by $12.5 billion to $85.5 billion since the beginning of the year.
"Since then real income of the population increased by 9.1 per cent, while real wages by 11.1 per cent. In September 2012, the unemployment rate was 5.3 per cent," he said.