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Tuesday, 03 October 2017 10:30

Inflation slowdown being observed in RK

Inflation slowdown being observed in RK

“The inflation rate for the year 2017 is expected in the range of 6.9-7.5%, which corresponds to the planned level”, Minister of National Economy of the Republic of Kazakhstan Timur Suleimenov said at the government session, Caspian Energy News ( ) reports with reference to the press service of the Prime Minister of RK.

“In September of this year, inflation was 0.3%, and only since the beginning of the year – 4.2%. The main factors of the slowdown were stabilization of the situation in the foreign exchange market, moderate inflation expectations of the market, as well as an increase in output by main types of food products. Thus, food prices have been falling for the last 3 consecutive months” , Timur Suleimenov added.

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Person in charge of the newsline: Fidan Isayeva 

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