Producer prices in Kyrgyzstan decreased 0.8 percent yer-on-year in May of 2019, following a 1.8 percent fall in the prior month. Prices went down for manufacturing (-1.6 percent vs -1.1 percent in April) and they slowed for water supply (4.3 percent vs 5.5 percent). Meantime, cost advanced at the same pace for electricity, gas, steam and air conditioning (2.3 percent). In contrast, prices rebounded for mining & quarrying (1.5 percent vs -17.6 percent). On a monthly basis, producer prices went up 0.1 percent, after declining 1.9 percent in the previous month. Producer Prices Change in Kyrgyzstan averaged 9.76 percent from 2007 until 2019, reaching an all time high of 34.58 percent in July of 2008 and a record low of -9.87 percent in January of 2014.
Producer Prices Change 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 Producer Prices Change in Kyrgyzstan to stand at 3.60 in 12 months time. In the long-term, the Kyrgyzstan Producer Prices Change is projected to trend around 4.70 percent in 2020, according to our econometric models.