Friday, October 7, 2016

                                     Inflation Rate Forecast in Kazakhstan.

Hi there! Welcome back to my corner in the Internet universe. Today I'm gonna talk (write) about expectation regarding the inflation rate in Kazakhstan.
 Nowadays, our country is going through the dark times. Inflation is gradually growing year after year and economy is on a shaky platform of instability. Due to the unstable situation in the world our economy and the world trade market are fickle. Currencies and price of oil fluctuate spontaneously damaging our  pricing policy. In the light of the day, the inflation has risen and alters the life of citizens. In fact, Kazakhstan always had a problem with its currency, pricing system and inflation. But what to expect in the future, is there an exit from this situation.
 Trading economics is a website which forecast and calculates different kind of rates, respectively inflation rate as well. Inflation Rate in Kazakhstan is expected to be 8.40 percent by the end of this quarter, according to Trading Economics global macro models and analysis expectation. Looking forward, it estimates Inflation Rate in Kazakhstan to stand at 6.80 in 12 months time. In the long term, the Kazakhstan Inflation Rate is projected to trend around 4.7 percent in 2020. This information is based on Trading Economics' economic models.
 The fall of the Rate of Inflation in Kazakhstan is like forthcoming of economical prosperity in the future perspective. Moreover, president Nursultan Nazarbayev promised economical rise after the end EXPO 2017 and other events which were planned earlier.

1 comment:

  1. I like the way you linked the theory with the practice. Good job!
    1/1

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