The annual inflation rate in Kyrgyzstan fell to 7.2 percent in May of 2020 from 8.6 percent in the previous month. Prices slowed mostly for food & non-alcoholic beverages (13.3 percent vs 16.3 percent in April); clothing & footwear (2.4 percent vs 2.8 percent) and health (4.4 percent vs 4.9 percent). In addition, transport costs fell further (-2.6 percent vs -0.3 percent). Meanwhile, inflation edged higher for housing & utilities (5.6 percent vs 5.5 percent). On a monthly basis, consumer prices decreased 1.2 percent, after rising 2.2 percent in the previous month.
Inflation Rate in Kyrgyzstan averaged 6.68 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 July of 2020.
Inflation Rate in Kyrgyzstan is expected to be 5.60 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 4.50 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.