Country Economic Forecasts > Kazakhstan - Oxford Economics Services

Country Economic Forecasts > Kazakhstan

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

About This Report

  
Abstract:

The National Bank of Kazakhstan (NBK) surprised the markets on 11 July with a 200bp cut in its key policy rate. At 13%, the base rate is now 400bp below the peak of 17% in February. The new base rate was launched last September after the NBK abandoned its currency peg in August and adopted a free-floating exchange rate along with inflation targeting.The latest rate cut was partly justified by the continued stability of the tenge (aided by the rise in oil prices). The authorities have stressed the need to restore confidence in the KZT this is the primary objective of monetary policy in 2016. The currency is currently at about KZT340 to the US$, compared with a low of KZT391 in January, albeit still a depreciation of nearly 42% from the low point of the previous trading corridor.With no new activity data and little change in our commodity price or key trading partner growth expectations, our GDP growth forecasts for Kazakhstan are unchanged at -0.5% this year and 2% in 2017.

  
Source:
Document ID
339455
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" Jul 14, 2016. Alacra Store. May 17, 2025. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Kazakhstan-2111-6031>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > Kazakhstan Jul 14, 2016. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Kazakhstan-2111-6031>
  
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