Kazakhstan’s Inflation Slows to 12.6% in October

Kazakhstan’s Inflation Slows to 12.6% in October

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan’s annual inflation rate slowed for the first time this year, reaching 12.6% in October compared to 12.9% in September. Monthly inflation also declined sharply, to 0.5% from 1.1% a month earlier, the lowest rate since early this year. Photo credit: gov.kz The slowdown was mainly driven by a sharp decline in housing and utility service prices, …