Kazakhs expecting further inflation, poll says
Baku, Azerbaijan, Sept. 14
By Elena Kosolapova – Trend:
More than half of Kazakhstan’s population is expecting further inflation, according to the survey conducted by GfK Kazakhstan, the National Bank said Sept. 14.
As much as 50.5 percent of the people interviewed in August expect moderate increase in prices for food, non-food and paid services.
Seven percent of the poll participants expect sharp increase in prices, while 13.5 percent think the prices will not change. Some 4.2 percent of the interviewees said they expect prices to decrease in August, while 17.2 percent were undecided.
Meanwhile, 25.6 percent of the people interviewed think the prices will increase by more than 20 percent in the next 12 months, while 17.2 percent of the poll participants expect a 16-20 percent rise in prices.
Some 17.2 percent of the interviewed people expect an inflation of 11-15 percent, and 22.5 percent of the interviewed expect 6-10 percent inflation.
As much as 7.9 percent of the interviewees believe the prices will increase by 1-5 percent in the next 12 months, while 9.6 percent are undecided.
GfK Kazakhstan conducts surveys on inflation expectations since January 2016. The company polls 1,500 adult respondents each month in all the regions of the country.