Country Economic Forecasts > Kazakhstan - Oxford Economics Services

Country Economic Forecasts > Kazakhstan

Country Economic Forecasts > Kazakhstan - Oxford Economics Services
Country Economic Forecasts > Kazakhstan
Published Jan 14, 2016
5 pages — Published Jan 14, 2016
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

The ongoing lack of monetary policy clarity and credibility, along with further declines in commodity prices (with oil prices falling to just US$30pb) and the Russian rouble, has left the Kazakhstan tenge exposed. The currency hit a new record low at the start of this year, at KZT366.6 to the US$, a fall of 46% from the low point of the previous trading corridor. Currency depreciation has pushed up inflation, with consumer prices jumping another 1.2% in December to lift the annual rate to 13.8%, its highest since October 2008. Inflation will rise further as the latest depreciation feeds through, before falling back at the end of this year as the currency impact drops out of the annual comparison; we now forecast inflation of just over 14% this year and then 7% in 2017.Given the continuing market turmoil and downgrades in our forecasts for oil and metal prices, we have lowered our GDP growth forecast for 2016 to 1.5%, after an estimated 0.9% in 2015. We expect a more significant pick-up in GDP growth in 2017 and 2018, at 3% and 5% respectively, reflecting some recovery in commodity prices and an improving global outlook.

  
Source:
Document ID
324707
Country
Format:
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Sections

Title
Kazakhstan:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Kazakhstan" Jan 14, 2016. Alacra Store. Nov 03, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Kazakhstan-2111-5646>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > Kazakhstan Jan 14, 2016. New York, NY: Alacra Store. Retrieved Nov 03, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Kazakhstan-2111-5646>
  
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