Kazakhstan’s annual inflation slows down to 9.5% in January

The deputy chairman of the National Bank of Kazakhstan, Akylzhan Baimagambetov, said the annual inflation in January decelerated to 9.5%. Reduction of inflation in 2023 lets further continue to decrease the basic rate. In January it was lowered to 15.25%.

photo: QAZINFORM

At the same time, annual inflation deceleration rates are reducing. The monthly inflation in January this year was above the historical average.

The business activity index in January rose to 49.7.