BAKU, Azerbaijan, September 15
By Nargiz Sadikhova - Trend:
Kazakhstan is among TOP-5 countries of the CIS by inflation rates, Kazakhstan’s Statistical Committee told Trend.
Thus, the largest inflations rate among CIS was recorded in Kyrgyzstan – 7 percent. Kyrgyzstan is followed by Ukraine with 6.5 percent, and by Belarus with 5.9 percent,
The fourth and the fifth places account for Kazakhstan with 5.3 percent and Russia with 4.5 percent.
The monthly inflation rate grew by 0.5 percent in August this year in Kazakhstan, Minister of National Economy Asset Irgaliyev said at the government’s meeting earlier this month.
"The global pandemic has become an unprecedented macroeconomic shock, putting pressure on inflationary processes around the world,” Irgaliyev noted. “Influenced by such trends as a gap in supply chains, structural changes in demand, expansionary monetary and fiscal programs to support the economy and others, at present, inflation is growing all over the world”.
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