15:14, 08 октября 2022, 24.kg
Prices for food and energy sources to continue to grow in Kyrgyzstan
Inflation in Kyrgyzstan is expected to remain high due to further increases in prices for food and energy sources. October report of the World Bank contains such a forecast.
It is projected that prices will increase by 15.2 percent by the end of 2022. Almost the same forecast is given by the Ministry of Finance. The National Bank also expects that inflation will be 15.5 percent by the end of the year.
«It is expected that the National Bank will keep its discount rate at the current level (14 percent. — Note of 24.kg news agency) in order to reduce inflation to the target range of 5-7 percent. Inflation is projected to gradually decrease to 8 percent in 2023 and to 6 percent by the end of 2024,» the World Bank notes.
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