The inflation rate in Kyrgyzstan was recorded at 2.80 percent in November of 2019. Inflation Rate in Kyrgyzstan averaged 6.72 percent from 2003 until 2019, 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.

Inflation Rate in Kyrgyzstan is expected to be 1.90 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 3.10 in 12 months time. In the long-term, the Kyrgyzstan Inflation Rate is projected to trend around 4.70 percent in 2020, according to our econometric models.

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Kyrgyzstan Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.60 32.45 -0.70 2003 - 2019 percent Monthly
2005=100



Calendar GMT Actual Previous Consensus TEForecast
2019-09-12 10:35 AM Inflation Rate YoY Aug 2.0% 1.5% 1.9%
2019-10-14 08:00 AM Inflation Rate YoY Sep 2.3% 2.0% 1.9%
2019-11-18 10:40 AM Inflation Rate YoY Oct 2.6% 2.3% 2.0%
2019-12-16 10:00 AM Inflation Rate YoY Nov 2.8% 2.6% 2.3%
2020-01-20 09:00 AM Inflation Rate YoY Dec 2.8% 2.5%


News Stream
2019-06-14
Kyrgyzstan Inflation Rate Rises to 0.1% YoY in May
Consumer prices in Kyrgyzstan rose 0.1 percent year-on-year in May 2019, following a 0.5 percent fall in the previous month. Cost rebounded for furniture and household equipment (0.2 percent from -0.1 percent in April) and recreation & culture (0.4 percent from-0.3 percent) and rose further for education (1.8 percent from 1.7 percent). Also, prices declined less for food & non-alcoholic beverages (-0.3 percent from -1.8 percent) and housing & utilities (-1.3 percent from -2.0 percent). On the other hand, prices eased for clothing & footwear (0.9 percent from 1.2 percent); health (1.9 percent from 2.7 percent); and miscellaneous goods & services (1.6 percent from 2.0 percent). Additionally, cost of transport dropped at a faster pace (-1.6 percent from -0.7 percent). On a monthly basis, consumer prices went up 0.1 percent, after declining 0.4 percent in the prior month.

2019-05-16
Kyrgyzstan Consumer Prices Fall for 3rd Month
Consumer prices in Kyrgyzstan declined 0.5 percent year-on-year in April of 2019, following a 0.7 percent drop in the previous month. It was the third straight month of deflation, as cost fell for food & non-alcoholic beverages (-1.8 percent vs -2.7 percent in March), mostly due to fruits (-15 percent vs -12.5 percent) and vegetables (-13.3 percent vs -17.1 percent); housing & utilities (-2.0 percent vs -0.1 percent); transport (-0.7 percent vs 0.3 percent); furniture and household equipment (-0.1 percent vs 0.3 percent) and for recreation & culture (-0.3 percent, the same pace as in March). Meantime, prices rose at a softer pace for clothing & footwear (1.2 percent vs 1.4 percent) and health (2.7 percent vs 3.0 percent). On the other hand, cost increased faster for miscellaneous goods & services (2.0 percent from 1.7 percent) and for education (1.7 percent vs 1.6 percent). On a monthly basis, consumer prices fell 0.4 percent, following a 0.3 percent drop in March.

2019-04-12
Kyrgyzstan Consumer Prices Fall for 2nd Month
Consumer prices in Kyrgyzstan declined 0.7% year-on-year in March of 2019, the same pace as in the previous month. It was the second straight month of deflation, as cost fell for food & non-alcoholic beverages (-2.7% from -3.3% in February), mostly due to fruits (-12.5% from 10.4%) and vegetables (-17.1% from -20.1%); housing & utilities (-0.1% from 0.3%) and for recreation & culture (-0.3% from -0.1%). Meantime, prices rose at a softer pace for transport (0.3% from 0.4%); alcoholic beverages & tobacco (4.1% from 4.7%); clothes & footwear (1.4% from 1.9%) and for miscellaneous goods & services (1.7% from 2.0%). On the other hand, cost increased faster for furniture & household equipment (0.3% from 0.2%); health (3.0%from 2.7%) and for education (1.6% from 1.2%). On a monthly basis, consumer prices fell 0.3%, following a 0.2% drop in February.

2019-03-12
Kyrgyzstan Enters Deflation for 1st Time since 2016
Consumer prices in Kyrgyzstan declined 0.7 percent year-on-year in February 2019 compared to a 0.4 percent rise in the previous month. It is the first fall in consumer prices since December of 2016, mainly due to decreases in cost of food and non-alcoholic beverages (-3.3 percent compared to -2.6 percent) and a slowdown in prices of clothing and footwear (1.9 percent compared to 2.1 percent); alcoholic beverages and tobacco (4.7 percent compared to 5.2 percent); housing and utilities (0.3 percent compared to 0.6 percent); transport (0.4 percent compared to 2.9 percent); and communication (1.9 percent compared to 16.1 percent). On a monthly basis, consumer prices went down 0.2 percent, after a 0.4 percent increase in the previous month.

2019-02-12
Kyrgyzstan Inflation Rate at 25-Month Low of 0.4%
The annual inflation rate in Kyrgyzstan slightly decreased to 0.4 percent in January 2019 from 0.5 percent in December, at the lowest level since December 2016. Prices advanced at a slower pace mainly for clothing & footwear (2.1 percent from 2.5 percent in December) and transport (2.9 per-cent vs 3.7 percent). In addition, cost fell for food & non-alcoholic beverages (-2.6 percent, the same pace as in December). Meanwhile, cost rebounded for housing & utilities (0.6 percent vs -0.7 percent). At the same time, cost was flat for communications (from 16.1 percent in December). On a monthly basis, consumer prices went up 0.4 percent, below a 0.7 percent increase in the previous month.


Kyrgyzstan Inflation Rate
In Kyrgyzstan, the main components of the consumer price index are: food and non-alcoholic beverages (46.7 percent of the total weight); clothing and footwear (14.1 percent) and alcoholic beverages and tobacco (12 percent). Housing, water, electricity, gas and other fuels account for 8.2 percent; transport and communications for 5.8 percent and household appliances and equipment for 3.8 percent. Others include: miscellaneous goods and services (2.9 percent); health care and education (2.5 percent); restaurants and hotels (2.4 percent) and leisure and culture (1.4 percent). The CPI reflects the prices and spending patterns registered in the 8 main urban areas of the country.

Kyrgyzstan Prices Last Previous Highest Lowest Unit
Inflation Rate 2.80 2.60 32.45 -0.70 percent [+]
Core Inflation Rate 1.80 1.30 10.47 -0.50 percent [+]
Inflation Rate Mom 0.90 0.50 9.00 -1.90 percent [+]
Producer Prices 165.90 163.50 166.30 56.20 points [+]
Producer Prices Change 10.00 10.00 34.58 -9.87 percent [+]
Food Inflation 5.50 4.60 48.16 -10.31 percent [+]
GDP Deflator 98.80 98.10 127.10 94.40 points [+]
Cpi Housing Utilities 301.00 298.50 305.00 84.40 points [+]
Cpi Transportation 211.50 213.30 224.90 83.90 points [+]
Consumer Price Index Cpi 263.90 261.50 263.90 89.91 points [+]