Kazakhstan's Inflation to Continue Slowing in 2027 Despite 'People's Construction' Program, Says National Bank

Kazakhstan's inflation is expected to continue its gradual slowdown in 2027, even with the economic boost from the 'People's Construction' program, according to the National Bank. The bank has raised its 2027 inflation forecast to 6.5-8.5% from 5.5-7.5% to account for these factors, but still anticipates a downward trend. The goal is to keep inflation near 5%.

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