The annual inflation rate in Kyrgyzstan edged up to 4.1 percent in February of 2020 from 3.2 percent in the previous month. This was the highest inflation rate since June of 2017, as prices advanced faster for food & non-alcoholic beverages (7.5 percent vs 6.2 percent in January); clothing & footwear (0.6 percent vs 0.5 percent); alcoholic beverages & tobacco (4.5 percent vs 2.9 percent) and housing & utilities (2.4 percent vs 1.8 percent). Also, transport cost dropped at a softer pace (-1.9 percent vs -2.5 percent). On a monthly basis, consumer prices went up 0.6 percent, the same as in the previous month.
Inflation Rate in Kyrgyzstan averaged 6.67 percent from 2003 until 2020, reaching an all time high of 32.45 percent in July of 2008 and a record low of -0.70 percent in February of 2019. This page provides the latest reported value for - Kyrgyzstan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kyrgyzstan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020.
Inflation Rate in Kyrgyzstan is expected to be 5.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kyrgyzstan to stand at 4.70 in 12 months time. In the long-term, the Kyrgyzstan Inflation Rate is projected to trend around 5.00 percent in 2021, according to our econometric models.