Inflation in 1st q 2009 made 2% ? Minister of Economy

ASTANA. April 21. KAZINFORM /Aigul Tulekbayeva/ In the 1st quarter of 2009 inflation in Kazakhstan made 2% against December 2008. In March it totaled 8.9% against the same month in 2008. Minister of Economy and Budget Planning Bakhyt Sultanov has made it public at the Government?s session today.

photo: QAZINFORM
According to him, the devaluation of the tenge resulted in rise in prices for non-food products which are imported primarily. ?In January their prices dropped by 0.4%; in February-March we witnessed 1.8% and 1.5% rise correspondingly?, the Minister said. ?Thus the influence of the tenge devaluation on inflation processes was not significant?, B. Sultanov resumed.